Friends International Inc

Analysis

Friends International Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends International Inc reported income of $570k and spending of $806, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $432k to $570k (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2020, when income rose by 350%. 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, Friends International Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Community Success Initiative Inc ($569k), Harrisville Childrens Center ($570k) and United Connections Foster Family Agency ($569k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $385k against liabilities of $0, net assets of $385k.