Friends Helping Friends Club Inc

Analysis

Friends Helping Friends Club Inc is a registered charity in United States, based in Elberton, GA. It received its IRS tax-exemption ruling in March 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 July 2024, Friends Helping Friends Club Inc reported income of $97k and spending of $60k, leaving 38% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income grew from $79k to $97k (+24%), an average of +24% a year. The sharpest change came in the year to July 2024, when income rose by 24%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends Helping Friends Club Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within GA. Charities of a similar size with the same main cause include Circle of Change ($97k), Foundation for a Beautiful Life ($97k) and North Dakota National Guard Foundation ($97k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 91% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.