Friendly Loving Opportunities - Flo

Analysis

Friendly Loving Opportunities - Flo is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover food, agriculture and nutrition, 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 2023, Friendly Loving Opportunities - Flo reported income of $699k and spending of $644k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $550k to $699k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friendly Loving Opportunities - Flo sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include Sedona Lago Gardens ($699k), American Association of Single Parents ($699k) and Larche Spokane ($699k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $28k (4.3% of expenses). Other salaries and wages came to $85k. At year end it held assets of $348k against liabilities of $177k, net assets of $171k. It reported 2 employees.