International Friendships Inc
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
Where the income comes from
- Contributions & grants 97%
- Program services 0.9%
- Other 2.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lubbock Open Door | Lubbock | $4.3m |
| International Board of Jewish Missions Inc | Hixson | $4.3m |
| Legacytree Foundation | Spring Hill | $4.2m |
| Word Broadcasting Network Inc | Louisville | $4.3m |