Friends of Island Beach State Park Inc

Analysis

Friends of Island Beach State Park Inc is a registered charity in United States, based in Seaside Park, NJ. It received its IRS tax-exemption ruling in August 1997, 29 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 Island Beach State Park Inc reported income of $95k and spending of $94k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $100k to $95k (-5.6%), an average of -5.6% a year. Over the whole period it spent 101% 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 Island Beach State Park Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 43rd percentile within NJ. Charities of a similar size with the same main cause include Passager ($95k), Ravel Dance Company Inc ($95k) and The Hummelstown Area Historical Society Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 4.7% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.