Find-M Friends

Analysis

Find-M Friends is a registered charity in United States, based in Crystal River, FL. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Find-M Friends reported income of $1.3m and spending of $341k, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $244k to $1.3m (+415%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 449%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Find-M Friends sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include The Brickyard ($1.3m), Alliance Christian Academy-Little Sprouts Preschool ($1.3m) and Silicon Valley Council of Nonprofits ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $100k (29% of expenses). Other salaries and wages came to $73k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 5 employees.