Erins Hope for Friends Inc

Analysis

Erins Hope for Friends Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in June 2015, 11 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 2022, Erins Hope for Friends Inc reported income of $239k and spending of $213k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $249k to $239k (-4.1%), an average of -1.4% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Erins Hope for Friends Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within GA. Charities of a similar size with the same main cause include Iron Bell Ministries Inc ($239k), Love Inc of Greater Cushing ($239k) and Society of Active Retirees ($239k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 84% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $65k (31% of expenses). At year end it held assets of $352k against liabilities of $116k, net assets of $235k.