Friends of Conway Recreation Inc

Analysis

Friends of Conway Recreation Inc is a registered charity in United States, based in Center Conway, NH. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Conway Recreation Inc reported income of $59k and spending of $44k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $184k to $59k (-68%), an average of -25% a year. The sharpest change came in the year to December 2022, when income dropped by 49%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Conway Recreation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NH. Charities of a similar size with the same main cause include Hurricane Swim Team ($59k), Middlebury Ski Club Inc ($59k) and Franklin Lacrosse Club ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $120k against liabilities of $2,046, net assets of $118k.