Institute for the New Man Dba Friends of Man

Analysis

Institute for the New Man Dba Friends of Man is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in December 1982, 44 years ago. Its declared purposes cover health care, 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, Institute for the New Man Dba Friends of Man reported income of $2.7m and spending of $511k, leaving 81% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.7m (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 23% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Institute for the New Man Dba Friends of Man sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Emmaus Catholic Hospice ($2.7m), Carelink Community Services ($2.7m) and Henry Ohlhoff House ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 0.5% of the total. At year end it held assets of $24.8m against liabilities of $62k, net assets of $24.7m.