Friends of Publish What You Fund

Analysis

Friends of Publish What You Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Friends of Publish What You Fund reported income of $171k and spending of $182k, spending 106% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income fell from $307k to $171k (-44%), an average of -18% a year. The sharpest change came in the year to September 2022, when income dropped by 45%. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Publish What You Fund sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 27th percentile within DC. Charities of a similar size with the same main cause include Capital City AIDS Fund Inc ($171k), Wilmot Community Foundation ($171k) and Jamestown United Way ($171k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.