Massachusetts · Nonprofit
FRIENDS DEVELOPMENT CORPORATION
FRIENDS DEVELOPMENT CORPORATION (Massachusetts) receives grants from 1 organization whose IRS filings report $558,333 to it, the largest being FRIENDS OF BOSTON'S HOMELESS INC ($558,333). 1 of them have funded it in more than one year.
- Revenue FY2025
- $225k
- Funders on record
- 1
- Grants received
- $558k
- Net assets
- $-93702
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
37% of FRIENDS DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (37% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.
reserve
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income fell $66k → $53k.
From the IRS filings of FRIENDS DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation.
Where its funders are
100% of FRIENDS DEVELOPMENT CORPORATION's grant income comes from Massachusetts funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing.
Against its field
FRIENDS DEVELOPMENT CORPORATION is better cushioned than half of the 4,472 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 4,472 housing & shelter nonprofits $100k–$1M, FY2025
Organizations like FRIENDS DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
82% of spending goes to programs.
Governance
Public support
98%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Friends of Boston's Homeless Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for FRIENDS DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds FRIENDS DEVELOPMENT CORPORATION?
- FRIENDS DEVELOPMENT CORPORATION (Massachusetts) receives grants from 1 organization whose IRS filings report $558,333 to it, the largest being FRIENDS OF BOSTON'S HOMELESS INC ($558,333). 1 of them have funded it in more than one year.
- How many funders does FRIENDS DEVELOPMENT CORPORATION have?
- IRS filings report 1 organization giving $558,333 in grants to FRIENDS DEVELOPMENT CORPORATION, 1 of which have funded it in more than one year.
- Who is the largest funder of FRIENDS DEVELOPMENT CORPORATION?
- FRIENDS OF BOSTON'S HOMELESS INC is the largest funder on record, with $558,333 in grants. The full list of funders is on this page.
- How can an organization like FRIENDS DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. What this page cannot tell you · view filing