Friends of Charitable Giving NFP

Analysis

Friends of Charitable Giving NFP is a registered charity in United States, based in Plainfield, IL. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Friends of Charitable Giving NFP reported income of $80k and spending of $70k, spending 88% of its income. Across the 2 years on record, from June 2020 to June 2023, income fell from $150k to $80k (-47%), an average of -47% a year. The sharpest change came in the year to June 2023, when income dropped by 47%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Charitable Giving NFP sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Pennsylvania Cable & Telecommunications Foundation ($80k), Shelby County Parks and Recreation Foundation Inc ($80k) and Charles R Niehaus Trust Fbo American Lung Association of Ohio ($80k).

At year end it held assets of $32k against liabilities of $0, net assets of $32k.