Friends of Freddy Inc

Analysis

Friends of Freddy Inc is a registered charity in United States, based in Satellite BCH, FL. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 Freddy Inc reported income of $108k and spending of $33k, leaving 70% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $108k (+109%), an average of +110% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 38% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of Freddy Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Anything Animal Foundation Corp ($108k), Blackhat Humane Society ($108k) and Foundation for the Care of Indigent Animals ($108k).

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 $109k against liabilities of $0, net assets of $109k.