The Friendship

Analysis

The Friendship is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in June 2014, 12 years ago. 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 June 2024, The Friendship reported income of $60k and spending of $57k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $53k to $60k (+13%), an average of +13% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Friendship sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 30th percentile within SC. Charities of a similar size with the same main cause include Chaves County Veterans ($60k), 200 Club Sussex County ($60k) and Lefty Grove Baseball League Inc ($60k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 66% of the total. At year end it held assets of $132k against liabilities of $0, net assets of $132k.