Friends of Princeton Open Space

Analysis

Friends of Princeton Open Space is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in October 1983, 43 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 June 2023, Friends of Princeton Open Space reported income of $726k and spending of $202k, leaving 72% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $151k to $726k (+381%), an average of +48% a year. The sharpest change came in the year to June 2023, when income rose by 231%. Over the whole period it spent 57% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Princeton Open Space sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within NJ. Charities of a similar size with the same main cause include Kenai Watershed Forum ($725k), Somerset Woods Trustees ($726k) and Student-Led Sustainable Initiatives Inc ($725k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $87k. At year end it held assets of $3.7m against liabilities of $29k, net assets of $3.7m. It reported 4 employees.