Friends of the Dominican Republic

Analysis

Friends of the Dominican Republic is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in November 1998, 28 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, Friends of the Dominican Republic reported income of $50k and spending of $68k, spending 134% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $74k to $50k (-31%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 53%. Over the whole period it spent 126% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of the Dominican Republic sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within VA. Charities of a similar size with the same main cause include Chirala Medical and Educational Trust Inc ($50k), Boosting Hope Inc ($50k) and Vista Missions ($50k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $692k against liabilities of $0, net assets of $692k.