Friends of the Gorman Nature Center Inc

Analysis

Friends of the Gorman Nature Center Inc is a registered charity in United States, based in Mansfield, OH. It received its IRS tax-exemption ruling in May 1985, 41 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 the Gorman Nature Center Inc reported income of $100k and spending of $55k, leaving 45% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $330k to $100k (-70%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 76%. Over the whole period it spent 19% 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 Gorman Nature Center Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within OH. Charities of a similar size with the same main cause include International Oak Society ($100k), Center for Amazon Community Ecology ($100k) and Tahoe Backcountry Alliance ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.6% of the total. At year end it held assets of $704k against liabilities of $0, net assets of $704k.