Friends of the Nature Center Inc

Analysis

Friends of the Nature Center Inc is a registered charity in United States, based in Wellesley Is, NY. It received its IRS tax-exemption ruling in March 1981, 45 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 the Nature Center Inc reported income of $81k and spending of $74k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $225k to $81k (-64%), an average of -22% a year. The sharpest change came in the year to December 2020, when income dropped by 70%. Over the whole period it spent 94% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of the Nature Center Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Pelican Lakes Association of Crow Wing County ($81k), Keystone Heritage Park Inc ($81k) and Waterloop Inc ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 8.7% of the total. At year end it held assets of $171k against liabilities of $0, net assets of $171k.