Friends of Children Inc

Analysis

Friends of Children Inc is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in August 1989, 37 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of Children Inc reported income of $585k and spending of $640k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $440k to $585k (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Friends of Children Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Peace and Justice Law Center ($585k), Blue Ridge Casa for Children Inc ($586k) and Dayton Right to Life Foundation ($585k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $86k (13% of expenses). Other salaries and wages came to $346k. At year end it held assets of $275k against liabilities of $154k, net assets of $121k. It reported 8 employees.