Friends Life Care Partners

Analysis

Friends Life Care Partners is a registered charity in United States, based in Blue Bell, PA. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends Life Care Partners reported income of $1.7m and spending of $1.7m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.5m to $1.7m (-33%), an average of -9.5% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends Life Care Partners sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Rape Recovery Center ($1.7m), Portland Street Medicine ($1.7m) and Outer Banks Hotline Incorporated ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $554k (33% of expenses). Other salaries and wages came to $501k. At year end it held assets of $8.1m against liabilities of $1.8m, net assets of $6.2m. It reported 13 employees.