Friendship House Inc

Analysis

Friendship House Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Friendship House Inc reported income of $358k and spending of $394k, spending 110% of what it took in. Across the 4 years on record, from December 2018 to December 2021, income fell from $1.9m to $358k (-81%), an average of -42% a year. The sharpest change came in the year to December 2019, when income dropped by 77%. Over the whole period it spent 53% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friendship House Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Foster Foundation Inc ($358k), Ear Community Inc ($359k) and Arkansas Community Health Worker Association ($358k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 81% of the total. Other salaries and wages came to $5,280. At year end it held assets of $7.0m against liabilities of $2.0m, net assets of $5.0m.