Frenzi a Nonprofit Corporation

Analysis

Frenzi a Nonprofit Corporation is a registered charity in United States, based in Burien, WA. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover human services, 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, Frenzi a Nonprofit Corporation reported income of $111k and spending of $134k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $111k (-4.1%), an average of -4.1% a year. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Frenzi a Nonprofit Corporation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 35th percentile within WA. Charities of a similar size with the same main cause include Christian on a Mission Inc ($111k), Houseboys of Florida Toys for Kids Foundation Inc ($111k) and Hamilton Interchurch Council Food Cupboard Inc ($111k).

At year end it held assets of $34k against liabilities of $107k, net assets of -$72k.