Lower Shore Friends Inc

Analysis

Lower Shore Friends Inc is a registered charity in United States, based in Salisbury, MD. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Lower Shore Friends Inc reported income of $278k and spending of $288k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $204k to $278k (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lower Shore Friends Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include Alliance for African Americanhealth in Central Texas ($278k), Wylder Nation Foundation ($278k) and Barry L Joyce Local Cancer Support Fund ($277k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $65k (22% of expenses). Other salaries and wages came to $85k. At year end it held assets of $106k against liabilities of $96k, net assets of $9,959. It reported 7 employees.