Friends of the Kennedy-Martin- Stelle-Farmstead Inc

Analysis

Friends of the Kennedy-Martin- Stelle-Farmstead Inc is a registered charity in United States, based in Basking Ridge, NJ. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 the Kennedy-Martin- Stelle-Farmstead Inc reported income of $186k and spending of $148k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $123k to $186k (+52%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Kennedy-Martin- Stelle-Farmstead Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include Cohesion Dance Project ($186k), Evanston Made Art ($186k) and Promusica Arizona Chorale & Orchestra ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 41% of the total. At year end it held assets of $134k against liabilities of $1,440, net assets of $132k. It reported 3 employees.