Docs Friends Inc

Analysis

Docs Friends Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Docs Friends Inc reported income of $1.3m and spending of $1.1m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.5m to $1.3m (-49%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 53%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Docs Friends Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within KS. Charities of a similar size with the same main cause include Four Mounds Foundation ($1.3m), Compass Science Communication Inc ($1.3m) and Musicianship Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.8% and program service revenue 72% of the total. At year end it held assets of $11.9m against liabilities of $1.2m, net assets of $10.8m.