Friends of the Bruce Freeman Rail Trail Inc

Analysis

Friends of the Bruce Freeman Rail Trail Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Bruce Freeman Rail Trail Inc reported income of $71k and spending of $45k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $71k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 52% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of the Bruce Freeman Rail Trail Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 36th percentile within MA. Charities of a similar size with the same main cause include Summer Seals Day Camp ($71k), Hudson Youth Baseball ($71k) and USA Track & Field Inc ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $249k against liabilities of $0, net assets of $249k.