St Anne Friends of the Needy

Analysis

St Anne Friends of the Needy is a registered charity in United States, based in Gilbert, AZ. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover human services, 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 June 2024, St Anne Friends of the Needy reported income of $292k and spending of $160k, leaving 45% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $61k to $292k (+375%), an average of +375% a year. The sharpest change came in the year to June 2024, when income rose by 375%. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Anne Friends of the Needy sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within AZ. Charities of a similar size with the same main cause include Connellsville Area Senior Tigers Inc ($292k), Stark Community Support Network ($292k) and Northwoods Partners ($292k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $421k against liabilities of $3,615, net assets of $417k.