Friends of Fort Knox

Analysis

Friends of Fort Knox is a registered charity in United States, based in Prospect, ME. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 Fort Knox reported income of $713k and spending of $620k, spending 87% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $632k to $713k (+13%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 86% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Friends of Fort Knox sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within ME. Charities of a similar size with the same main cause include Guardian Group ($713k), Forensic Justice Project ($713k) and International Association of Human Trafficking Investigators Inc ($711k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $66k (11% of expenses). Other salaries and wages came to $192k. At year end it held assets of $812k against liabilities of $0, net assets of $812k. It reported 34 employees.