Friendship House Inc

Analysis

Friendship House Inc is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in September 1941, 85 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, Friendship House Inc reported income of $587k and spending of $597k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $521k to $587k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friendship House 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 73rd percentile, and in the 73rd percentile within WI. Charities of a similar size with the same main cause include Gios Garden Inc ($587k), Trinity Visions Community Development Corp Inc ($587k) and Tahoe Ability Program ($586k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $310k. At year end it held assets of $1.5m against liabilities of $18k, net assets of $1.5m. It reported 12 employees.