Friends of Linden Place

Analysis

Friends of Linden Place is a registered charity in United States, based in Bristol, RI. It received its IRS tax-exemption ruling in April 1988, 38 years ago. 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 Linden Place reported income of $489k and spending of $463k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $557k to $489k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Linden Place sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 65th percentile within RI. Charities of a similar size with the same main cause include Rotary Club of Milwaukee Community TR ($489k), Little Lambs Childcare Inc ($489k) and Huntington Memorial Library Foundation Trust ($489k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $77k (17% of expenses). Other salaries and wages came to $85k. At year end it held assets of $4.9m against liabilities of $69k, net assets of $4.8m. It reported 4 employees.