Friends of the FRG

Analysis

Friends of the FRG is a registered charity in United States, based in Horsham, PA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 FRG reported income of $66k and spending of $70k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $54k to $66k (+22%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the FRG sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within PA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($66k), The Halfway Houses of Westchester Foundation Inc ($66k) and El Camino Hospital Auxiliary Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.