Charity Search / FRIENDS HOMES INC
Human Services (P750) 990 on File

FRIENDS HOMES INC

EIN: 56-0754599 · GREENSBORO, NC 27410-3245 · United States · FY 2025 Data
3 out of 5 58 / 100 Based on 2+ years of filings
Financial strength (30%) 85/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$50.1M
Total Revenue
$48.6M
Total Expenses
$63.6M
Net Assets
659
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 81.5%
Fundraising Efficiency N/A
Operating Reserve 15.71x
Liability-to-Asset 70.0%
Revenue Diversification 92.0%
Compared with Peers
FY 2025
Compared with 1,112 similar organizations (United States, Human Services, $10M–$100M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
81.5% 87.2%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
18.5% 11.3%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.4%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
15.7 mo 7.5 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
70.0% 26.6%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
92.0% 91.4%
P10P90
Below median
Revenue growth
Year over year revenue growth
3.1% 6.3%
P10P90
Expense growth
Year over year expense growth
4.9% 5.3%
P10P90
Surplus margin
Surplus as a share of revenue
3.0% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $50.1M $48.6M $63.6M 81.5% 659
2024 $48.6M $46.3M $58.0M 89.2% 691
2023 $41.3M $42.8M $45.9M 90.1% 598
2022 $42.6M $36.9M N/A — 666
2021 $36.2M $34.1M N/A — 655
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Organization Details
EIN
56-0754599
State
NC
City
GREENSBORO
ZIP
27410-3245
Classification
P750
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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