Friends of Guatemala

Analysis

Friends of Guatemala is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1990, 36 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Guatemala reported income of $81k and spending of $96k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $81k (-14%), an average of -14% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Guatemala sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 16th percentile within DC. Charities of a similar size with the same main cause include Fond du Lac Concert Association Inc ($81k), Nodaway Booster Athletic Club ($81k) and San Antonio Choral Society Inc ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.