Friends Christian Community Development Organization

Analysis

Friends Christian Community Development Organization is a registered charity in United States, based in Lake City, MI. It received its IRS tax-exemption ruling in July 1995, 31 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, Friends Christian Community Development Organization reported income of $858k and spending of $615k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $485k to $858k (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends Christian Community Development Organization sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include San Juan Center Inc ($857k), Meal on Wheels in Hunterdon Inc ($858k) and Drop in the Bucket ($857k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $18k (2.9% of expenses). Other salaries and wages came to $270k. At year end it held assets of $1.6m against liabilities of $7,951, net assets of $1.6m. It reported 27 employees.