Friendship Haven Memorial Foundation

Analysis

Friendship Haven Memorial Foundation is a registered charity in United States, based in Fort Dodge, IA. It received its IRS tax-exemption ruling in April 1959, 67 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friendship Haven Memorial Foundation reported income of $1.2m and spending of $592k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+9.2%), an average of +2.2% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friendship Haven Memorial Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within IA. Charities of a similar size with the same main cause include Mel Leaman Free Clinic of Smyth County Inc ($1.2m), Okeechobee County Family Health- Health Start Coalition Inc ($1.2m) and Puentes de Salud ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $23.1m against liabilities of $120, net assets of $23.1m.