Friendship Health Center Inc

Analysis

Friendship Health Center Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 1962, 64 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2023, Friendship Health Center Inc reported income of $14.8m and spending of $14.2m, spending 96% of its income. Across the 5 years on record, from February 2019 to February 2023, income grew from $12.2m to $14.8m (+22%), an average of +5.0% a year. The sharpest change came in the year to February 2023, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friendship Health Center Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OR. Charities of a similar size with the same main cause include Pureview Health Center ($14.8m), Alleghany County Memorial Hospital Inc ($14.8m) and The Transition House Inc ($14.8m).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $268k (1.9% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $10.1m against liabilities of $7.4m, net assets of $2.7m. It reported 295 employees.