Friends Forever Mentoring

Analysis

Friends Forever Mentoring is a registered charity in United States, based in Arlee, MT. It received its IRS tax-exemption ruling in November 1977, 49 years ago. 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, Friends Forever Mentoring reported income of $52k and spending of $60k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $100k to $52k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends Forever Mentoring sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within MT. Charities of a similar size with the same main cause include PTA North Carolina Congress ($52k), Foundation of the Association of Legal Administrators ($52k) and Champion Gymnastics Booster Club ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $32k, net assets of -$827.