Sunday Friends Foundation

Analysis

Sunday Friends Foundation is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in January 2000, 26 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 December 2023, Sunday Friends Foundation reported income of $1.2m and spending of $758k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sunday Friends Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Aina Hookupu O Kilauea ($1.2m), Mason County Fair Inc ($1.2m) and Buffalo Food Shelf ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (8.0% of expenses). Other salaries and wages came to $174k. At year end it held assets of $568k against liabilities of $31k, net assets of $537k. It reported 5 employees.