Friends of Blackstone Inc

Analysis

Friends of Blackstone Inc is a registered charity in United States, based in Crewe, VA. It received its IRS tax-exemption ruling in July 2006, 20 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 Blackstone Inc reported income of $151k and spending of $148k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $158k to $151k (-4.8%), an average of -4.8% a year. 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 Blackstone Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within VA. Charities of a similar size with the same main cause include C Me Grow Inc ($151k), Dorland Mountain Arts Colony Inc ($151k) and Battle Ground Yacolt and Chelatchie Prairie Railroad ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $303k against liabilities of $236k, net assets of $67k.