Friends of Middlesex Fells Reservation Inc

Analysis

Friends of Middlesex Fells Reservation Inc is a registered charity in United States, based in Melrose, MA. It received its IRS tax-exemption ruling in February 1994, 32 years ago. 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 November 2023, Friends of Middlesex Fells Reservation Inc reported income of $2.7m and spending of $480k, leaving 82% of income unspent that year. Across the 4 years on record, from November 2020 to November 2023, income grew from $389k to $2.7m (+601%), an average of +91% a year. The sharpest change came in the year to November 2023, when income rose by 497%. Over the whole period it spent 36% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Middlesex Fells Reservation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Bartlett Woods Inc ($2.7m), Young Mens Christian Assoc of McDonough Co ($2.7m) and Saginaw-Shiawassee Habitat for Humanity ($2.7m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 92% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $82k (17% of expenses). Other salaries and wages came to $192k. At year end it held assets of $2.6m against liabilities of $3,948, net assets of $2.6m. It reported 26 employees.