Friends of Sussex County Inc

Analysis

Friends of Sussex County Inc is a registered charity in United States, based in Lincoln, DE. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Sussex County Inc reported income of $161k and spending of $156k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $161k (+116%), an average of +116% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Friends of Sussex County Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 44th percentile within DE. Charities of a similar size with the same main cause include Aiken Apartments Inc ($161k), Isanti Community Services Inc ($161k) and First Housing Services Incorporated ($161k).

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 $3,518 against liabilities of $0, net assets of $3,518.