Friends Life Care

Analysis

Friends Life Care is a registered charity in United States, based in Blue Bell, PA. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends Life Care reported income of $11.5m and spending of $11.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $12.9m to $11.5m (-11%), an average of -2.8% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends Life Care sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Paratransit Inc ($11.5m), The Arc San Francisco ($11.5m) and Tomche Shabbos of Rockland County ($11.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $14.6m against liabilities of $6.7m, net assets of $7.9m. It reported 22 employees.