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International Friendships Inc

RegisteredEIN 31-0971249Columbus, OHReligion
Income$4.3m2023-08
Spending$4.3msame year
Spent / received96%5-year average
Size in its cause98th pctReligion
Exempt since1980Church
Employees102latest return

Analysis

International Friendships Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in March 1980, 46 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, International Friendships Inc reported income of $4.3m and spending of $4.3m, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.9m to $4.3m (+47%), an average of +10% a year. The sharpest change came in the year to August 2022, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, International Friendships Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Lubbock Open Door ($4.3m), International Board of Jewish Missions Inc ($4.3m) and Legacytree Foundation ($4.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 97% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $222k (5.1% of expenses). Other salaries and wages came to $2.7m. It paid $56k in professional fundraising fees. At year end it held assets of $4.7m against liabilities of $541k, net assets of $4.2m. It reported 102 employees.

Income and spending

$0$1.1m$2.2m$3.2m$4.3m2019 Income: $2,888,4172019 Spending: $2,723,86220192020 Income: $3,283,9432020 Spending: $2,805,66320202021 Income: $3,241,9712021 Spending: $3,088,97720212022 Income: $3,920,2912022 Spending: $3,897,78320222023 Income: $4,258,8662023 Spending: $4,317,5182023
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Program services 0.9%
  • Other 2.0%

Similar-sized charities, same cause

CharityLocationIncome
Lubbock Open DoorLubbock$4.3m
International Board of Jewish Missions IncHixson$4.3m
Legacytree FoundationSpring Hill$4.2m
Word Broadcasting Network IncLouisville$4.3m