Friends for Special Needs Inc

Analysis

Friends for Special Needs Inc is a registered charity in United States, based in Waxhaw, NC. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 for Special Needs Inc reported income of $100k and spending of $127k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $129k to $100k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends for Special Needs Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within NC. Charities of a similar size with the same main cause include Oser-Roth and Friends Fest Inc ($100k), Richmond Area Helth Center Inc ($100k) and Joiner Village Apartments ($100k).

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 $23k against liabilities of $0, net assets of $23k.