Friends Counseling Center

Analysis

Friends Counseling Center is a registered charity in United States, based in Wabash, IN. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Friends Counseling Center reported income of $1.2m and spending of $1.3m, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $697k to $1.2m (+75%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends Counseling Center sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include Lighthouse Recovery Center Inc ($1.2m), Granville Rescue Squad Inc ($1.2m) and Healthy Start Coalition of Sarasota County Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $954k. At year end it held assets of $1.2m against liabilities of $389k, net assets of $809k. It reported 28 employees.