Friends of the Shiawassee River Inc

Analysis

Friends of the Shiawassee River Inc is a registered charity in United States, based in Owosso, MI. It received its IRS tax-exemption ruling in October 2008, 18 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 Shiawassee River Inc reported income of $177k and spending of $203k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $87k to $177k (+104%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 106% 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 Shiawassee River Inc sits at the 48th percentile: it is larger than about 48% 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 Hulda Klager Lilac Gardens ($177k), Protect Maines Fishing Heritage Foundation ($177k) and Columbia Gorge Stewardship Alliance ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. Compensation of current officers, directors and key employees was $46k (23% of expenses). Other salaries and wages came to $63k. At year end it held assets of $245k against liabilities of $12k, net assets of $234k. It reported 3 employees.

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.