Colonial Farmhouse Restoration Society of Bellerose Inc

Analysis

Colonial Farmhouse Restoration Society of Bellerose Inc is a registered charity in United States, based in Floral Park, NY. It received its IRS tax-exemption ruling in November 1979, 47 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 June 2023, Colonial Farmhouse Restoration Society of Bellerose Inc reported income of $3.3m and spending of $2.8m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $3.3m (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colonial Farmhouse Restoration Society of Bellerose Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Christian Camps of Pittsburgh Inc ($3.3m), Ligonier Valley Learning Center Inc ($3.3m) and Community Transit of Watertown Sisseton Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $142k (5.0% of expenses). Other salaries and wages came to $1.2m. It paid $7,945 in professional fundraising fees. At year end it held assets of $4.0m against liabilities of $181k, net assets of $3.8m. It reported 55 employees.