Caring For Friends is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 1978, with $12,196,609 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$12.2M
▲ 24.0% vs prior year
Food & Agriculture median: $197K
Expenses (FY2023)
$12.7M
Net assets
$937K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Caring For Friends— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Caring For Friends: 1 mo reserves · -4% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Caring For Friends— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Caring For Friends: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $2.6M (FY2013) to $12.2M (FY2023) across 9 reported years.
Financial snapshot
Operating margin
-4.3%
Spent more than it raised in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$371K
Net assets
$937K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $12,196,609▲24.0% | $12,715,061▲14.0% | $937,299▼32.5% | $1,308,535▼32.2% | 990 |
| 2022 | $9,833,885▲0.6% | $11,152,511▼0.3% | $1,388,004▼48.7% | $1,929,797▼33.1% | 990 |
| 2021 | $9,778,245▼71.0% | $11,186,283▼66.4% | $2,703,275▼36.9% | $2,884,360▼34.3% | 990 |
| 2020 | $33,673,129▲143% | $33,246,159▲154% | $4,281,547▲24.1% | $4,387,251▲21.9% | 990 |
| 2019 | $13,867,196▲439% | $13,093,363▲358% | $3,451,372▲33.8% | $3,598,129▲37.6% | 990 |
| 2018 | $2,572,893▲15.4% | $2,856,814▲28.4% | $2,579,252▼9.6% | $2,614,828▼9.6% | 990 |
| 2017 | $2,229,385▼4.6% | $2,224,673▼10.1% | $2,852,277▲4.4% | $2,892,017▲4.4% | 990 |
| 2015 | $2,337,537▼11.7% | $2,475,079▼12.0% | $2,732,310▼2.5% | $2,770,849▼2.2% | 990 |
| 2013 | $2,646,144 | $2,812,350▼3.2% | $2,802,337▲0.5% | $2,832,052▲0.7% | 990 |
| 2012 | — | $2,905,999▼0.3% | $2,788,199▲1.2% | $2,813,143▲1.3% | 990 |
| 2011 | — | $2,913,933 | $2,754,685 | $2,775,686 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
47 grants to Caring For Friends totaling $6.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Farmlink Project | To provide healthy fresh produce to families in need | 2024 | $263,306 |
| Farmlink Project | To provide healthy fresh produce to families in need | 2024 | $74,382 |
| Network For Good Inc | Unrestricted | 2024 | $14,619 |
| American Online Giving Foundation Inc | General support | 2024 | $12,357 |
| Charities Aid Foundation America | Charitable donation | 2024 | $7,919 |
| Farmlink Project | To provide healthy fresh produce to families in need | 2023 | $778,277 |
| Network For Good Inc | Unrestricted | 2023 | $12,020 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $7,800 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $7,500 |
| Sharing Excess | Community food donations | 2022 | $752,191 |
| The Albertsons Companies Foundation | Hunger | 2022 | $348,468 |
| The Albertsons Companies Foundation | Hunger | 2022 | $123,185 |
| Network For Good Inc | Unrestricted | 2022 | $74,528 |
| The Blackbaud Giving Fund | General support | 2022 | $14,375 |
| St Louis Community Foundation Incorporated | Human services | 2022 | $12,500 |
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Data for Caring For Friends (EIN 23-2072722) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.