Friendly Village Mobilehome Park Corporation

Analysis

Friendly Village Mobilehome Park Corporation is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in December 1996, 30 years ago. 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 June 2024, Friendly Village Mobilehome Park Corporation reported income of $685k and spending of $710k, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $593k to $685k (+15%), an average of +3.7% a year. The sharpest change came in the year to June 2021, when income rose by 73%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friendly Village Mobilehome Park Corporation 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 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Learning Light Foundation Inc ($685k), Kimball Camp Hillsdale County Young Mens Christian Association ($685k) and American Water Works Association ($685k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. Other salaries and wages came to $2,780. At year end it held assets of $2.1m against liabilities of $2.5m, net assets of -$390k.