Friends of Hammonasset Inc

Analysis

Friends of Hammonasset Inc is a registered charity in United States, based in Madison, CT. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Hammonasset Inc reported income of $156k and spending of $77k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $152k to $156k (+3.1%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 144%. Over the whole period it spent 73% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Hammonasset Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within CT. Charities of a similar size with the same main cause include Blue Mountains Biodiversity Project ($156k), Jersey Shore Partnership Foundation Inc ($156k) and Kezar Lake Association ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $639k against liabilities of $0, net assets of $639k.