Friends of Guadalupe

Analysis

Friends of Guadalupe is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of Guadalupe reported income of $261k and spending of $468k, spending 179% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $124k to $261k (+110%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 151%. Over the whole period it spent 740% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Guadalupe sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within UT. Charities of a similar size with the same main cause include Loxahatchee Club Educational Foundation Inc ($261k), Torch of Wisdom Foundation ($261k) and Patrons of Peninsula Speech & Debate ($261k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $27k (5.8% of expenses). Other salaries and wages came to $243k. At year end it held assets of $948k against liabilities of $872k, net assets of $77k. It reported 7 employees.