Frieda Community

Analysis

Frieda Community is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2021, 5 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, Frieda Community reported income of $205k and spending of $129k, leaving 37% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $23k to $205k (+789%), an average of +198% a year. The sharpest change came in the year to December 2022, when income rose by 270%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Frieda Community sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Santa Claus Anonymous Incorporated ($205k), Western Clinton County Senior Services ($205k) and Community Services of Central Maryland Incorporated ($205k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $92k against liabilities of $1,936, net assets of $90k.