Friends of the FDR Memorial Inc

Analysis

Friends of the FDR Memorial Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2013, 13 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, Friends of the FDR Memorial Inc reported income of $548k and spending of $447k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $446k to $548k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the FDR Memorial Inc 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 72nd percentile, and in the 45th percentile within DC. Charities of a similar size with the same main cause include Refuge Ranch Ministries of Charlotte Inc ($548k), Hope House Coffee Co ($549k) and Keren Aniyim Inc ($548k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $216k against liabilities of $6,848, net assets of $209k.