Nicaragua-United States Friendship Office Inc

Analysis

Nicaragua-United States Friendship Office Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Nicaragua-United States Friendship Office Inc reported income of $71k and spending of $69k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $38k to $71k (+85%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 125% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Nicaragua-United States Friendship Office Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within MD. Charities of a similar size with the same main cause include Nepal Hope Foundation ($71k), Operation Backpack4kids ($71k) and KNL Foundation ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $159k against liabilities of $0, net assets of $159k.