Friends for Life Inc

Analysis

Friends for Life Inc is a registered charity in United States, based in Searcy, AR. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 for Life Inc reported income of $192k and spending of $162k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $190k to $192k (+0.8%), an average of +0.8% a year. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends for Life Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within AR. Charities of a similar size with the same main cause include Social & Affective Neuroscience Society ($192k), Towner Fire Ambulance and Rescue Inc ($192k) and Friends of Jack Foundation Inc ($192k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $346k against liabilities of $15k, net assets of $331k.