Friendship Center of Helena Inc

Analysis

Friendship Center of Helena Inc is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in October 1971, 55 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2024, Friendship Center of Helena Inc reported income of $1.9m and spending of $1.5m, leaving 20% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $732k to $1.9m (+165%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 48%. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Friendship Center of Helena Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within MT. Charities of a similar size with the same main cause include Pathways to Recovery Inc ($1.9m), St Martins Manor Inc ($1.9m) and Hometown Community Development Corporation ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $106k (6.8% of expenses). Other salaries and wages came to $662k. At year end it held assets of $3.2m against liabilities of $92k, net assets of $3.2m. It reported 14 employees.