United Friends Group Homes

Analysis

United Friends Group Homes is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, United Friends Group Homes reported income of $3.9m and spending of $3.5m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $3.9m (+48%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 20%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, United Friends Group Homes sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WA. Charities of a similar size with the same main cause include Cypress Hills Child Care Corporation ($3.9m), There with Care ($3.9m) and Eastco Diversified Services ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $234k (6.6% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $5.5m against liabilities of $174k, net assets of $5.3m. It reported 86 employees.