Delaware County Friendship Homes Inc

Analysis

Delaware County Friendship Homes Inc is a registered charity in United States, based in Vinita, OK. It received its IRS tax-exemption ruling in August 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Delaware County Friendship Homes Inc reported income of $2.7m and spending of $2.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.7m (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Delaware County Friendship Homes Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within OK. Charities of a similar size with the same main cause include Homes of Hope Inc ($2.7m), Asone Ministries ($2.7m) and Lets Help Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $637k against liabilities of $241k, net assets of $397k.