Friends of Raynham Hall Inc

Analysis

Friends of Raynham Hall Inc is a registered charity in United States, based in Oyster Bay, NY. It received its IRS tax-exemption ruling in March 1954, 72 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Raynham Hall Inc reported income of $448k and spending of $654k, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $473k to $448k (-5.3%), an average of -1.4% a year. The sharpest change came in the year to December 2021, when income rose by 174%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Raynham Hall Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Cancer Support Foundation ($448k), Amateur Athletic Union of the United State Inc ($448k) and Opportunity Enterprises Inc ($447k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $66k (10% of expenses). Other salaries and wages came to $227k. At year end it held assets of $1.2m against liabilities of $1,109, net assets of $1.2m. It reported 14 employees.