Friends of the Fred Meijer River Valley Rail-Trails

Analysis

Friends of the Fred Meijer River Valley Rail-Trails is a registered charity in United States, based in Belding, MI. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Fred Meijer River Valley Rail-Trails reported income of $175k and spending of $270k, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $42k to $175k (+315%), an average of +43% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 180% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of the Fred Meijer River Valley Rail-Trails sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include Foundation of Little Silver Inc ($175k), Eagle River Rotary Club Foundation Inc ($175k) and Lakes Area Restorative Justice Project ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,775 against liabilities of $0, net assets of $4,775.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.