Ians Friends Foundation Inc

Analysis

Ians Friends Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 2007, 19 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 December 2022, Ians Friends Foundation Inc reported income of $1.4m and spending of $974k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2019 to December 2022, income grew from $1.0m to $1.4m (+34%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ians Friends Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Substance Mental Health Leadership Council of Ri ($1.4m), Logan Health Assisted Living - Shelby ($1.4m) and Lauren J Ozen Foundation ($1.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 127% of the total. Compensation of current officers, directors and key employees was $48k (4.9% of expenses). At year end it held assets of $2.9m against liabilities of $237k, net assets of $2.7m.