Friends of Manchester Trees

Analysis

Friends of Manchester Trees is a registered charity in United States, based in Manchester, MA. It received its IRS tax-exemption ruling in August 2020, 6 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 October 2023, Friends of Manchester Trees reported income of $74k and spending of $54k, leaving 28% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income grew from $28k to $74k (+167%), an average of +167% a year. The sharpest change came in the year to October 2023, when income rose by 167%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Manchester Trees sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Putnam County Rescue Squad Inc ($74k), Sub Stance Incorporated ($74k) and Mamaroneck Emergency Medical Service Inc ($74k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $9,877, net assets of $31k.