Friends of the St Lawrence Church

Analysis

Friends of the St Lawrence Church is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 the St Lawrence Church reported income of $654k and spending of $429k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $181k to $654k (+261%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 127%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the St Lawrence Church sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within ME. Charities of a similar size with the same main cause include Daily Living Ministries Inc ($654k), Rio Grande Habitat for Humanity ($654k) and Auburndale Community Nursery & Day Care Center Inc ($654k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $60k (14% of expenses). Other salaries and wages came to $94k. At year end it held assets of $1.4m against liabilities of $494k, net assets of $917k. It reported 4 employees.