Friends of the Delaware Canal Inc

Analysis

Friends of the Delaware Canal Inc is a registered charity in United States, based in New Hope, PA. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Delaware Canal Inc reported income of $242k and spending of $272k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $199k to $242k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 109% 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 Delaware Canal Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include Cazenovia Lake Association Inc ($242k), Keep the Reservoir Beautiful ($242k) and Estes Valley Watershed Coalition ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $79k (29% of expenses). Other salaries and wages came to $37k. At year end it held assets of $598k against liabilities of $5,557, net assets of $592k. It reported 3 employees.