Together Friends Organization Inc

Analysis

Together Friends Organization Inc is a registered charity in United States, based in Jonesboro, GA. It received its IRS tax-exemption ruling in February 2019, 7 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 December 2023, Together Friends Organization Inc reported income of $334k and spending of $318k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $176k to $334k (+90%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Together Friends Organization Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include Life Choices Center Inc ($334k), Para Ti Mujer ($334k) and Bridge House Inc ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $130k (41% of expenses). At year end it held assets of $31k against liabilities of $0, net assets of $31k.