Friends of Ambler Farm Inc

Analysis

Friends of Ambler Farm Inc is a registered charity in United States, based in Wilton, CT. It received its IRS tax-exemption ruling in February 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 June 2023, Friends of Ambler Farm Inc reported income of $959k and spending of $930k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $777k to $959k (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 99% 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 Ambler Farm Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within CT. Charities of a similar size with the same main cause include Community Capital Fund ($959k), Curious Theatre Company ($960k) and Goodwill Theatre Inc ($959k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $102k (11% of expenses). Other salaries and wages came to $410k. At year end it held assets of $1.1m against liabilities of $3,020, net assets of $1.1m. It reported 57 employees.