Friends of Children United Society

Analysis

Friends of Children United Society is a registered charity in United States, based in Coronado, CA. It received its IRS tax-exemption ruling in July 1983, 43 years ago. 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 December 2023, Friends of Children United Society reported income of $387k and spending of $201k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $160k to $387k (+142%), an average of +142% a year. The sharpest change came in the year to December 2023, when income rose by 142%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Children United Society sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Baileys Harbor Community Association Inc ($387k), Gaylord Building Historic Site ($387k) and Jenkintown Youth Activities ($387k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $343k against liabilities of $0, net assets of $343k.