100 Friends

Analysis

100 Friends is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, 100 Friends reported income of $152k and spending of $207k, spending 136% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $266k to $152k (-43%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 100 Friends sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Early Leader Child Care Ministries ($152k), Freeport Community Public School Fund Inc ($152k) and Friends of Monterey Academy of Oceanographic Science ($152k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $4,880 (2.4% of expenses). Other salaries and wages came to $10k. At year end it held assets of $102k against liabilities of $0, net assets of $102k. It reported 2 employees.