Friendship Circle of Greater Fort Lauderdale

Analysis

Friendship Circle of Greater Fort Lauderdale is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in August 2010, 16 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, Friendship Circle of Greater Fort Lauderdale reported income of $779k and spending of $720k, spending 92% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $390k to $779k (+100%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friendship Circle of Greater Fort Lauderdale sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Anthology Film Archives ($779k), Timothy Society for Christian Instruction Inc ($779k) and A Team Homeschool Community ($779k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Other salaries and wages came to $177k. At year end it held assets of $507k against liabilities of $499k, net assets of $8,288. It reported 7 employees.