United by Friendship Inc

Analysis

United by Friendship Inc is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in October 2004, 22 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, United by Friendship Inc reported income of $115k and spending of $178k, spending 154% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $115k (+93%), an average of +93% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 158% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, United by Friendship Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 36th percentile within NM. Charities of a similar size with the same main cause include Gospel Haiti ($115k), American Akamba Association Inc ($115k) and Edificasion ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $285k against liabilities of $0, net assets of $285k.