Friends Helping Friends Foundation of Cedar Rapids

Analysis

Friends Helping Friends Foundation of Cedar Rapids is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 Helping Friends Foundation of Cedar Rapids reported income of $75k and spending of $22k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $75k (+0.9%), an average of +0.9% a year. Over the whole period it spent 53% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends Helping Friends Foundation of Cedar Rapids sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within IA. Charities of a similar size with the same main cause include Lakeland Animal Haven Inc ($75k), Animal Life Savers ($75k) and Linens for Animals ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $366k against liabilities of $0, net assets of $366k.