Friendship Outpatient & Wellnessservices Inc

Analysis

Friendship Outpatient & Wellnessservices Inc is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friendship Outpatient & Wellnessservices Inc reported income of $898k and spending of $876k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $723k to $898k (+24%), an average of +7.5% a year. The sharpest change came in the year to June 2021, when income rose by 15%. 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 Outpatient & Wellnessservices Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Neuro Developmental Treatment Association Inc ($898k), First Candle Inc ($898k) and Quality of Life in Memory of Shilom Neuman Inc ($898k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $592k. At year end it held assets of $105k against liabilities of $2.8m, net assets of -$2.7m. It reported 8 employees.