Between Friends

Analysis

Between Friends is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 1987, 39 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, Between Friends reported income of $2.0m and spending of $2.4m, spending 125% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $2.0m (+36%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Between Friends sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Culpeper Baptist Child Development Center Inc ($2.0m), Nexus Youth & Family Services ($2.0m) and Union County Community Shelter ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (3.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $997k against liabilities of $257k, net assets of $740k. It reported 28 employees.