Friends of the Children - National Office

Analysis

Friends of the Children - National Office is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2023, Friends of the Children - National Office reported income of $19.8m and spending of $16.4m, spending 83% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $9.3m to $19.8m (+113%), an average of +21% a year. The sharpest change came in the year to August 2022, when income rose by 134%. Over the whole period it spent 68% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Friends of the Children - National Office sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OR. Charities of a similar size with the same main cause include Boys and Girls Clubs of the Los Angeles Harbor ($19.7m), Boys & Girls Clubs of Palm Beach County Foundation Inc ($19.8m) and Upward Unlimited ($19.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 87% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $1.1m (6.8% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $39.7m against liabilities of $3.1m, net assets of $36.6m. It reported 43 employees.