Friends of Thai Daughters Inc

Analysis

Friends of Thai Daughters Inc is a registered charity in United States, based in Trevett, ME. It received its IRS tax-exemption ruling in March 2006, 20 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, Friends of Thai Daughters Inc reported income of $1.9m and spending of $820k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $991k to $1.9m (+88%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 171%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Thai Daughters Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within ME. Charities of a similar size with the same main cause include D and M Consultants Inc ($1.9m), Anns Kids Educational Center ($1.9m) and Greater Philadelphia Alliance Social Service Center ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $192k (23% of expenses). Other salaries and wages came to $13k. At year end it held assets of $2.7m against liabilities of $155k, net assets of $2.5m. It reported 3 employees.