Friends of the Boundary Waters Wilderness

Analysis

Friends of the Boundary Waters Wilderness is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in April 1986, 40 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Friends of the Boundary Waters Wilderness reported income of $2.8m and spending of $2.4m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $2.8m (+148%), an average of +26% a year. The sharpest change came in the year to September 2021, when income rose by 65%. Over the whole period it spent 78% 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 Boundary Waters Wilderness sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Bahamas National Trust Fund Inc ($2.8m), Santa Monica Bay Foundation ($2.8m) and Anacostia Watershed Society Inc ($2.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $154k (6.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.0m against liabilities of $415k, net assets of $3.6m. It reported 23 employees.