The Uncommon Friends Foundation Inc

Analysis

The Uncommon Friends Foundation Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, The Uncommon Friends Foundation Inc reported income of $214k and spending of $261k, spending 122% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $310k to $214k (-31%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Uncommon Friends Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Flagship Detroit Foundation ($214k), Id Studio Theater Performance and ($214k) and Pyramid Music Program ($214k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 25% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $49k (19% of expenses). Other salaries and wages came to $79k. At year end it held assets of $524k against liabilities of $102k, net assets of $422k. It reported 6 employees.

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.