Furniture Trust Organization Inc

Analysis

Furniture Trust Organization Inc is a registered charity in United States, based in Arlington, MA. It received its IRS tax-exemption ruling in June 2009, 17 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 December 2023, Furniture Trust Organization Inc reported income of $8.2m and spending of $7.7m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.7m to $8.2m (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 97% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Furniture Trust Organization Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include Zion Natural History Association ($8.2m), Fossil Rim Wildlife Center Inc ($8.2m) and Oklahoma Centennial Botanical Garden Inc ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $184k (2.4% of expenses). Other salaries and wages came to $113k. At year end it held assets of $1.4m against liabilities of $408k, net assets of $1000k. It reported 6 employees.