Friends of the Betsie Valley Trail

Analysis

Friends of the Betsie Valley Trail is a registered charity in United States, based in Beulah, MI. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 Betsie Valley Trail reported income of $135k and spending of $62k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $204k to $135k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 36% 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 Betsie Valley Trail sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include Ethnos Asia-Usa ($135k), The Jackson County Memorial Hospital Foundation ($135k) and American Institute of Graphic Arts ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $478k against liabilities of $0, net assets of $478k.