Friends of Honduran Children Inc

Analysis

Friends of Honduran Children Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 2001, 25 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 June 2023, Friends of Honduran Children Inc reported income of $397k and spending of $430k, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $405k to $397k (-1.9%), an average of -0.7% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Honduran Children Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IN. Charities of a similar size with the same main cause include Connecting Hearts Inc ($397k), Go Store ($397k) and Families for Depression Awareness ($397k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.