Friends of Hog Island

Analysis

Friends of Hog Island is a registered charity in United States, based in Bremen, ME. It received its IRS tax-exemption ruling in February 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 December 2023, Friends of Hog Island reported income of $139k and spending of $156k, spending 112% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $304k to $139k (-54%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 56%. Over the whole period it spent 111% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Hog Island sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 38th percentile within ME. Charities of a similar size with the same main cause include Upper Sugar River Watershed Association ($139k), Keep Greater Milwaukee Beautiful Inc ($140k) and Windmill Hill Pinnacle Association ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $7,404 (4.8% of expenses). Other salaries and wages came to $27k. At year end it held assets of $249k against liabilities of $465, net assets of $248k. It reported 2 employees.