Friendship House

Analysis

Friendship House is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in June 2020, 6 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, Friendship House reported income of $437k and spending of $267k, leaving 39% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $34k to $437k (+1188%), an average of +134% a year. The sharpest change came in the year to December 2021, when income rose by 224%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friendship House sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Global Impact International Inc ($437k), Calling All Kids Too Inc ($437k) and Eastern Appalachian Teen Challenge Inc ($437k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $155k (58% of expenses). At year end it held assets of $297k against liabilities of $3,004, net assets of $294k. It reported 4 employees.