Friends Church Extension Fund

Analysis

Friends Church Extension Fund is a registered charity in United States, based in Newberg, OR. It received its IRS tax-exemption ruling in July 1959, 67 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Friends Church Extension Fund reported income of $150k and spending of $117k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $109k to $150k (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 109% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends Church Extension Fund sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OR. Charities of a similar size with the same main cause include Mi Comunidadd Miami Corp ($150k), CBS Lebanon Inc ($150k) and Winston Salem Fellows ($150k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 84% of the total. At year end it held assets of $3.4m against liabilities of $2.3m, net assets of $1.1m.