Special Friends Foundation

Analysis

Special Friends Foundation is a registered charity in United States, based in Poway, CA. It received its IRS tax-exemption ruling in June 1998, 28 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 January 2024, Special Friends Foundation reported income of $647k and spending of $619k, spending 96% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $416k to $647k (+55%), an average of +12% a year. The sharpest change came in the year to January 2021, when income rose by 25%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Special Friends Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Nazareth Family Foundation ($647k), Colonas Kidz Educational Day Care ($647k) and Hockey Helps Inc ($647k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 5.9% and program service revenue 94% of the total. Other salaries and wages came to $283k. At year end it held assets of $766k against liabilities of $833k, net assets of -$67k. It reported 11 employees.