Friends Non-Profit Housing Inc

Analysis

Friends Non-Profit Housing Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in May 1972, 54 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 2023, Friends Non-Profit Housing Inc reported income of $820k and spending of $920k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $820k (-34%), an average of -9.8% a year. The sharpest change came in the year to June 2023, when income dropped by 35%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Friends Non-Profit Housing Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MD. Charities of a similar size with the same main cause include Marble Cliff Capital Communities ($820k), Burbank Orchards Inc ($821k) and Evergreen Senior Living Inc ($820k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $206k. At year end it held assets of $7.4m against liabilities of $3.8m, net assets of $3.6m.