Friends of the Coalition

Analysis

Friends of the Coalition is a registered charity in United States, based in Provo, UT. It received its IRS tax-exemption ruling in September 1988, 38 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 the Coalition reported income of $2.7m and spending of $3.1m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.7m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2020, when income rose by 232%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the Coalition sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within UT. Charities of a similar size with the same main cause include Suzys Senior Companionship Services ($2.7m), Help Ministries Inc ($2.7m) and Ryan House ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $122k (3.9% of expenses). Other salaries and wages came to $707k. At year end it held assets of $16.2m against liabilities of $808k, net assets of $15.4m. It reported 15 employees.