Friends of the Orphanages Inc

Analysis

Friends of the Orphanages Inc is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Friends of the Orphanages Inc reported income of $113k and spending of $109k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $122k to $113k (-8.0%), an average of -8.0% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Orphanages Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Little League Baseball Inc ($113k), Garrison Speed Shop Inc ($113k) and Johnston Booster Club ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $351k against liabilities of $0, net assets of $351k.