Friendship Community Living North C Entral Inc

Analysis

Friendship Community Living North C Entral Inc is a registered charity in United States, based in Russellville, AR. It received its IRS tax-exemption ruling in May 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friendship Community Living North C Entral Inc reported income of $111k and spending of $145k, spending 131% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $95k to $111k (+17%), an average of +5.3% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 134% 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 North C Entral 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 The Haven ($111k), Friendship House Apartments Inc ($111k) and Sustainable Urban Neighborhoods Community Fund ($111k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Other salaries and wages came to $5,663. At year end it held assets of $767k against liabilities of $1.4m, net assets of -$591k.

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.