Friends of Special Children

Analysis

Friends of Special Children is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in November 2008, 18 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 March 2024, Friends of Special Children reported income of $290k and spending of $265k, spending 91% of its income. Across the 3 years on record, from March 2022 to March 2024, income grew from $224k to $290k (+29%), an average of +14% a year. The sharpest change came in the year to March 2024, when income rose by 94%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Special Children sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include A New Beginning a Ministry for Women and Children ($290k), School Nutrition Association of Massachusetts Inc ($290k) and Beverly Hills Womens Club ($290k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 75% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.