Guardian Friend Associates Inc
Analysis
Guardian Friend Associates Inc is a registered charity in United States, based in Janesville, WI. It received its IRS tax-exemption ruling in May 2018, 8 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, Guardian Friend Associates Inc reported income of $217k and spending of $188k, spending 86% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $214k to $217k (+1.7%), an average of +0.3% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 78% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guardian Friend Associates Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within WI. Charities of a similar size with the same main cause include New Hope Rescue Inc ($217k), Abhi Shah Foundation ($218k) and Songcatchers Inc ($217k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $141k. At year end it held assets of $343k against liabilities of $4,555, net assets of $339k. It reported 3 employees.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Hope Rescue Inc | Opelika | $217k |
| Abhi Shah Foundation | Novi | $218k |
| Songcatchers Inc | Larchmont | $217k |
| Full Circle Community Center | Ypsilanti | $218k |