Friends of the Viking Ship

Analysis

Friends of the Viking Ship is a registered charity in United States, based in Geneva, IL. It received its IRS tax-exemption ruling in June 2009, 17 years ago. 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 the Viking Ship reported income of $92k and spending of $28k, leaving 70% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $136k to $92k (-33%), an average of -18% a year. The sharpest change came in the year to December 2023, when income rose by 212%. Over the whole period it spent 35% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Viking Ship sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Little League Baseball Inc ($92k), Kentucky Municipal Clerks Association ($92k) and Friends of Unwanted Rabbits ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 16% of the total. At year end it held assets of $423k against liabilities of $684, net assets of $422k.