Friends of the Mac

Analysis

Friends of the Mac is a registered charity in United States, based in Bastrop, LA. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Mac reported income of $58k and spending of $59k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $58k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the Mac sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within LA. Charities of a similar size with the same main cause include Norfolk Area YMCA Endowment ($58k), Delano Helping Hands ($58k) and Fibromyalgia Care Society of America Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $61k against liabilities of $166, net assets of $61k.