Friends of Graeme Park

Analysis

Friends of Graeme Park is a registered charity in United States, based in Horsham, PA. It received its IRS tax-exemption ruling in June 1984, 42 years ago. 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 Graeme Park reported income of $101k and spending of $119k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $129k to $101k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Graeme Park sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include Summersville Senior Citizens Center Inc ($101k), PTA North Carolina Congress ($101k) and Black River Falls Figure Skating Club Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 86% of the total. At year end it held assets of $164k against liabilities of $47k, net assets of $117k.