Friends of the James River Park

Analysis

Friends of the James River Park is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in August 2010, 16 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 the James River Park reported income of $595k and spending of $614k, spending 103% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $276k to $595k (+115%), an average of +29% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 81% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of the James River Park sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Michigan Audubon Society ($594k), Muskegon River Watershed Assembly ($595k) and Virgina League of Conservation Voters Education Fund ($594k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $72k (12% of expenses). Other salaries and wages came to $19k. At year end it held assets of $521k against liabilities of $246k, net assets of $275k. It reported 1 employees.