Joni and Friends Foundation

Analysis

Joni and Friends Foundation is a registered charity in United States, based in Agoura Hills, CA. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Joni and Friends Foundation reported income of $2.5m and spending of $202k, leaving 92% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.5m (+123%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 1559%. Over the whole period it spent 17% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Joni and Friends Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include LRBT USA Inc ($2.5m), Advance Armenia Foundation ($2.5m) and Timc Ltd ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% of the total. At year end it held assets of $34.0m against liabilities of $1.1m, net assets of $32.9m.