United Friends of the Children

Analysis

United Friends of the Children is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 1981, 45 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 June 2023, United Friends of the Children reported income of $8.0m and spending of $7.4m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.4m to $8.0m (-4.5%), an average of -1.2% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, United Friends of the Children sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Bethany for Children & Families ($8.0m), Northeast Ms Community SVCS Inc ($8.0m) and Hour Children Inc ($8.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $445k (6.0% of expenses). Other salaries and wages came to $3.3m. It paid $50k in professional fundraising fees. At year end it held assets of $11.6m against liabilities of $1.8m, net assets of $9.8m. It reported 63 employees.