Friends of Assist

Analysis

Friends of Assist is a registered charity in United States, based in Crowley, LA. It received its IRS tax-exemption ruling in October 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 December 2023, Friends of Assist reported income of $609k and spending of $354k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $609k (+198%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 124%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Assist sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within LA. Charities of a similar size with the same main cause include Cope Foundation Inc ($609k), Hopes Corner Inc ($609k) and Bread for Life Inc ($609k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 77% of the total. Other salaries and wages came to $232k. At year end it held assets of $885k against liabilities of $4,458, net assets of $880k. It reported 17 employees.