Friends of Foe 691 Fund Inc

Analysis

Friends of Foe 691 Fund Inc is a registered charity in United States, based in Wapakoneta, OH. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Friends of Foe 691 Fund Inc reported income of $166k and spending of $154k, spending 93% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $125k to $166k (+33%), an average of +33% a year. The sharpest change came in the year to May 2024, when income rose by 33%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Foe 691 Fund Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within OH. Charities of a similar size with the same main cause include Blytheville United Way ($166k), Community Connections Foundation Inc ($166k) and Oak Harbor Athletic Boosters Inc ($166k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.