Friends of CS Inc

Analysis

Friends of CS Inc is a registered charity in United States, based in Red Hook, NY. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 of CS Inc reported income of $1.3m and spending of $1.2m, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $178k to $1.3m (+608%), an average of +608% a year. The sharpest change came in the year to December 2023, when income rose by 608%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of CS Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Laurel County Literacy Council Inc ($1.3m), The Unit Foundation ($1.3m) and Minneapolis School of Anesthesia ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $302k against liabilities of $0, net assets of $302k.