American Friendship Foundation

Analysis

American Friendship Foundation is a registered charity in United States, based in Bothell, WA. It received its IRS tax-exemption ruling in December 1995, 31 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, American Friendship Foundation reported income of $323k and spending of $349k, spending 108% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $271k to $323k (+19%), an average of +6.0% a year. The sharpest change came in the year to December 2022, when income rose by 141%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Friendship Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within WA. Charities of a similar size with the same main cause include Living in Purpose Inc ($323k), Love Light and Melody a Not Forprofit Corporation ($323k) and Reeds Refuge Center Incorporated ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $303k against liabilities of $0, net assets of $303k.