Friendship Hlh&a Inc

Analysis

Friendship Hlh&a Inc is a registered charity in United States, based in Royersford, PA. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Friendship Hlh&a Inc reported income of $2.9m and spending of $2.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.9m (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friendship Hlh&a Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include St Gabriel Health Clinic Inc ($2.9m), Tops Club Inc ($2.9m) and Chads Coalition for Mental Health ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $193k (6.6% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $387k against liabilities of $160k, net assets of $227k. It reported 70 employees.