Friends of Portugal

Analysis

Friends of Portugal is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2023, Friends of Portugal reported income of $88k and spending of $113k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $88k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 113% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Portugal sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Christian Fellowship Mission Inc ($88k), Syrian Humanitarian Institute for National Empowerment ($88k) and We Love Kids Ltd ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.