Be a Friend Youth Organization Inc

Analysis

Be a Friend Youth Organization Inc is a registered charity in United States, based in Pottsboro, TX. It received its IRS tax-exemption ruling in September 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 December 2023, Be a Friend Youth Organization Inc reported income of $233k and spending of $186k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $233k (+190%), an average of +190% a year. The sharpest change came in the year to December 2023, when income rose by 190%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Be a Friend Youth Organization 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 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Marys Helping Hands ($233k), Punjabi American Heritage Society ($233k) and Fresh Start Refugee Assistance Center ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.