Friends Aware Incorporated

Analysis

Friends Aware Incorporated is a registered charity in United States, based in Cumberland, MD. It received its IRS tax-exemption ruling in September 1965, 61 years ago. Its declared purposes cover human services, 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 June 2023, Friends Aware Incorporated reported income of $7.3m and spending of $7.4m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $8.3m to $7.3m (-12%), an average of -4.0% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends Aware Incorporated sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Yuba-Sutter Gleaners Food Bank Inc ($7.3m), Gregg Neighborhood House Association Inc ($7.3m) and Urban League of Essex County ($7.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 98% of the total. Other salaries and wages came to $5.2m. At year end it held assets of $11.5m against liabilities of $2.8m, net assets of $8.8m. It reported 241 employees.