Friends of Ifosud

Analysis

Friends of Ifosud is a registered charity in United States, based in Northwood, ND. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 of Ifosud reported income of $759k and spending of $772k, spending 102% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $346k to $759k (+119%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Ifosud 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 76th percentile, and in the 74th percentile within ND. Charities of a similar size with the same main cause include American Security Council Foundation ($757k), Lalela Project Inc ($759k) and American Friends of Yahad in Unum Inc ($757k).

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 $64k (8.4% of expenses). Other salaries and wages came to $13k. At year end it held assets of $132k against liabilities of $0, net assets of $132k. It reported 2 employees.