American Friends of the Czech Republic

Analysis

American Friends of the Czech Republic is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 1995, 31 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 December 2023, American Friends of the Czech Republic reported income of $119k and spending of $140k, spending 118% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $185k to $119k (-36%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Friends of the Czech Republic sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 21st percentile within DC. Charities of a similar size with the same main cause include Transformation Pathway ($119k), Focus Therapy Services Inc ($119k) and HHCR Foundation ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $199k against liabilities of $0, net assets of $199k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.