Friends of the Americas

Analysis

Friends of the Americas is a registered charity in United States, based in Greenwel SPGS, LA. It received its IRS tax-exemption ruling in November 1984, 42 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 December 2022, Friends of the Americas reported income of $485k and spending of $331k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $384k to $485k (+26%), an average of +8.1% a year. The sharpest change came in the year to December 2020, when income rose by 69%. Over the whole period it spent 91% 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 Americas sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within LA. Charities of a similar size with the same main cause include Cure Glaucoma Foundation ($484k), Institute for Representative Govt Inc ($486k) and Lb4c ($484k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $142k. At year end it held assets of $690k against liabilities of $23k, net assets of $667k. It reported 2 employees.