Friends in Deed Foundation Inc

Analysis

Friends in Deed Foundation Inc is a registered charity in United States, based in Green Valley, AZ. It received its IRS tax-exemption ruling in September 2000, 26 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends in Deed Foundation Inc reported income of $148k and spending of $42k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $300k to $148k (-51%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 11% 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 in Deed Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within AZ. Charities of a similar size with the same main cause include Noblebank Foundation ($148k), Norman and Barbara Tanner 1999 Charitable Support TR II ($148k) and British Benevolent Society of California Inc ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% of the total. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.