Friends of the Joshua Tree

Analysis

Friends of the Joshua Tree is a registered charity in United States, based in Joshua Tree, CA. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Joshua Tree reported income of $80k and spending of $85k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $3,255 to $80k (+2350%), an average of +395% a year. The sharpest change came in the year to December 2022, when income rose by 2582%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Friends of the Joshua Tree sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include National Black Business Support Corporation ($80k), United Mission of Goodwill Inc ($80k) and New York State Cdfi Coalition Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.