Friends Helping Friends and Benefit Thrift Shop

Analysis

Friends Helping Friends and Benefit Thrift Shop is a registered charity in United States, based in Orange, TX. It received its IRS tax-exemption ruling in April 2021, 5 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 August 2022, Friends Helping Friends and Benefit Thrift Shop reported income of $74k and spending of $55k, leaving 25% of income unspent that year. Across the 2 years on record, from August 2018 to August 2022, income fell from $85k to $74k (-14%), an average of -14% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends Helping Friends and Benefit Thrift Shop 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 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Bridges Against Domestic Violence ($74k), Chinese Culture & Art Heritage Foundation ($74k) and Bangladesh Street Kids Aid ($74k).

On its Form 990-EZ for the period ending August 2022, revenue came from contributions and grants 49% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.