Friends of the Monmouth County Park System Inc

Analysis

Friends of the Monmouth County Park System Inc is a registered charity in United States, based in Lincroft, NJ. It received its IRS tax-exemption ruling in August 1992, 34 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 Monmouth County Park System Inc reported income of $960k and spending of $116k, leaving 88% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $291k to $960k (+230%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 673%. Over the whole period it spent 36% 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 Monmouth County Park System Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Santa Barbara Channel Keeper ($958k), Blue Ridge Environmental Defense League Inc ($960k) and California Resource Rec Assoc ($958k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.0% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.