Friendship Hall Inc

Analysis

Friendship Hall Inc is a registered charity in United States, based in Iberia, MO. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover food, agriculture and nutrition, 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 2024, Friendship Hall Inc reported income of $102k and spending of $51k, leaving 50% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $49k to $102k (+106%), an average of +27% a year. The sharpest change came in the year to June 2024, when income rose by 168%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friendship Hall Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within MO. Charities of a similar size with the same main cause include Sweet Home Emergency Ministries ($102k), Somebody Inc ($102k) and Together for Choice ($102k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 62% of the total. At year end it held assets of $206k against liabilities of $0, net assets of $206k.