Just Friends Inc

Analysis

Just Friends Inc is a registered charity in United States, based in Columbus, IN. It received its IRS tax-exemption ruling in August 1985, 41 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, Just Friends Inc reported income of $860k and spending of $852k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $437k to $860k (+97%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Just Friends Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include Canines for Service Inc ($860k), Next Child Fund Inc ($860k) and Fairways for Warriors Inc ($860k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $57k (6.6% of expenses). Other salaries and wages came to $509k. At year end it held assets of $592k against liabilities of $27k, net assets of $564k. It reported 38 employees.