Friends of the Orphans

Analysis

Friends of the Orphans is a registered charity in United States, based in Chicago, IL. 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 June 2023, Friends of the Orphans reported income of $19.9m and spending of $18.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $18.9m to $19.9m (+5.4%), an average of +1.3% a year. The sharpest change came in the year to June 2021, when income rose by 140%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of the Orphans sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Gsma Mobile for Development Foundation Inc ($19.9m), Nuclear Threat Initiative Inc ($19.9m) and Educational Foundation for Foreign Study a Non-Profit Corp ($19.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $478k (2.6% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $15.3m against liabilities of $4.5m, net assets of $10.9m. It reported 38 employees.