Friends for Friends

Analysis

Friends for Friends is a registered charity in United States, based in Holmes, PA. It received its IRS tax-exemption ruling in May 1998, 28 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 for Friends reported income of $81k and spending of $51k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $81k (-3.1%), an average of -3.1% a year. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends for Friends sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Greenwood Homes Inc ($81k), Caps or Celebrating All Persevering Students ($81k) and Lean Foundation USA ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 110% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.