Friends of Post 53 Inc

Analysis

Friends of Post 53 Inc is a registered charity in United States, based in Darien, CT. It received its IRS tax-exemption ruling in December 1986, 40 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Post 53 Inc reported income of $482k and spending of $334k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $345k to $482k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 144%. 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 Post 53 Inc 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 67th percentile within CT. Charities of a similar size with the same main cause include Hill Institute ($482k), Narconon International ($482k) and Sister Cecilia Schneider Community Housing Development Fund ($482k).

At year end it held assets of $9.3m against liabilities of $7,055, net assets of $9.3m.