Friends of the Schindler House

Analysis

Friends of the Schindler House is a registered charity in United States, based in W Hollywood, CA. It received its IRS tax-exemption ruling in November 1977, 49 years ago. 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 December 2023, Friends of the Schindler House reported income of $133k and spending of $91k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $439k to $133k (-70%), an average of -70% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 28% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Schindler House sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Sven Levin International Ministries Inc ($133k), His Love Christian Services Inc ($133k) and Little League Baseball Inc ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 114% of the total. Compensation of current officers, directors and key employees was $35k (38% of expenses). At year end it held assets of $761k against liabilities of $113k, net assets of $649k.