Friends of Washington Crossing Park

Analysis

Friends of Washington Crossing Park is a registered charity in United States, based in WSHNGTN Xing, PA. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Washington Crossing Park reported income of $699k and spending of $955k, spending 137% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $703k to $699k (-0.6%), an average of -0.2% a year. The sharpest change came in the year to June 2022, when income rose by 331%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Washington Crossing Park sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Shriver Hall Concert Series Inc ($699k), Daedalian Foundation ($699k) and Choroideremia Research Foundation Inc ($699k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 39% of the total. Other salaries and wages came to $432k. At year end it held assets of $1.1m against liabilities of $47k, net assets of $1.0m. It reported 25 employees.