Friends of the Met Inc

Analysis

Friends of the Met Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in January 2011, 15 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 2024, Friends of the Met Inc reported income of $56k and spending of $68k, spending 121% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $102k to $56k (-45%), an average of -26% a year. The sharpest change came in the year to June 2024, when income dropped by 44%. Over the whole period it spent 108% 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 Met Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within OK. Charities of a similar size with the same main cause include Ifta Research Foundation ($56k), The Broadmoor Garden Club ($56k) and Edward L Rose Conservancy Inc ($56k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.