Friends of the Collegio

Analysis

Friends of the Collegio is a registered charity in United States, based in Dupont, WA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 the Collegio reported income of $156k and spending of $148k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $174k to $156k (-10%), an average of -3.6% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of the Collegio sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within WA. Charities of a similar size with the same main cause include Beyth Mishpachah Ministries Inc ($156k), Iglesia Cristiana Nuevo Renacer ($156k) and Fiat Ministries Inc ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.