Compassionate Friends Foundation Inc

Analysis

Compassionate Friends Foundation Inc is a registered charity in United States, based in Henderson, KY. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Compassionate Friends Foundation Inc reported income of $67k and spending of $77k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $119k to $67k (-44%), an average of -14% a year. The sharpest change came in the year to December 2023, when income rose by 162%. Over the whole period it spent 102% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Compassionate Friends Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within KY. Charities of a similar size with the same main cause include West Falls Fire Company Inc ($66k), Bolinas Volunteer Firefighters Association Inc ($67k) and Yavapai County Mounted Sheriffs Posse Inc ($66k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.