FRIENDSHIP HOME INC

NORWELL, MA, 02061-2113 (781) 659-8202 Est. 1999 EIN 04-8295500

P440 - Human Services 990 - Public charity return 501(c)(3)

www.friendshiphome.net

Mission

THE MISSION OF FRIENDSHIP HOME IS TO ENRICH THE LIVES OF INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES BY PROVIDING QUALITY RESPITE AND SUPPORT SERVICES IN A SAFE AND CARING ENVIRONMENT.

Financials

Total Revenue

$4,819,593

Total Expenses

$4,183,059

Net Assets

$9,013,279

71 employees 72 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

2.2 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 8.3%

Expenses ↑ 7.4%

Revenue Sources

Contributions 25.1% Earned revenue 68.2% Investment 6.7%

Expense Breakdown

Program 71.5% Management 13.7% Fundraising 14.8%

Officers & Key Employees (16)

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Grants Received (203)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$4,819,593 ↑	$4,183,059	$9,013,279
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$4,448,850 ↓	$3,895,095	$8,350,232
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$4,646,981 ↑	$3,179,820	$7,633,849
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$2,362,783 ↓	$1,896,858	$5,592,913
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$2,730,830 ↑	$2,296,472	$5,126,988
2018 990 - Public charity return Jul 1, 2018 to Jun 30, 2019	$2,457,092	$2,386,317	$4,692,630