My Friends House

Analysis

My Friends House is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 2014, 12 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 December 2023, My Friends House reported income of $75k and spending of $72k, spending 95% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $79k to $75k (-4.2%), an average of -2.1% a year. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, My Friends House sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include The Westbrook Posse Inc ($75k), Drake Community Development Incorporated ($75k) and Applegarth Volunteer Engine Company 1 ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $59k against liabilities of $22k, net assets of $37k.