Friends of India Network

Analysis

Friends of India Network is a registered charity in United States, based in Brentwood, MO. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of India Network reported income of $1.7m and spending of $1.9m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $532k to $1.7m (+228%), an average of +35% a year. The sharpest change came in the year to December 2020, when income rose by 106%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of India Network sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MO. Charities of a similar size with the same main cause include Desoto School Inc ($1.7m), Independence Works Inc ($1.7m) and Loving Hearts Outreach Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $176k against liabilities of $0, net assets of $176k.