Friends of Fellows Riverside Gardens Inc

Analysis

Friends of Fellows Riverside Gardens Inc is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in March 1989, 37 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 Fellows Riverside Gardens Inc reported income of $367k and spending of $586k, spending 160% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $581k to $367k (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 141%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Fellows Riverside Gardens Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include Mount Zion International Community Inc ($367k), Chautauqua Womens Club Inc ($367k) and United Church Home ($367k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 7.9% of the total. Compensation of current officers, directors and key employees was $15k (2.5% of expenses). Other salaries and wages came to $2,360. At year end it held assets of $3.4m against liabilities of $11k, net assets of $3.4m. It reported 4 employees.