Friends of National Guard Families

Analysis

Friends of National Guard Families is a registered charity in United States, based in Swampscott, MA. It received its IRS tax-exemption ruling in September 2003, 23 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 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 National Guard Families reported income of $1.3m and spending of $1.0m, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.3m (-11%), an average of -3.8% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 73% 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 National Guard Families sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Morris Community Foundation ($1.3m), The Samaritan Medical Center Foundation of Northern New York in ($1.3m) and Northwest Iowa Community College Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $124k (12% of expenses). Other salaries and wages came to $12k. At year end it held assets of $2.0m against liabilities of $36k, net assets of $2.0m. It reported 2 employees.