Friendship Community Living Inc

Analysis

Friendship Community Living Inc is a registered charity in United States, based in Russellville, AR. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Friendship Community Living Inc reported income of $112k and spending of $132k, spending 118% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $104k to $112k (+7.0%), an average of +2.3% a year. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Friendship Community Living 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 40th percentile, and in the 38th percentile within AR. Charities of a similar size with the same main cause include Ville Platte Affordable Housing Corporation ($112k), Northwest Estates 811 II ($112k) and CLS of Saline County Inc ($112k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Other salaries and wages came to $5,366. At year end it held assets of $662k against liabilities of $939k, net assets of -$276k.

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.