Friends of Hobbs State Park-Conservation Area Inc

Analysis

Friends of Hobbs State Park-Conservation Area Inc is a registered charity in United States, based in Rogers, AR. It received its IRS tax-exemption ruling in May 2014, 12 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 Hobbs State Park-Conservation Area Inc reported income of $149k and spending of $64k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $216k to $149k (-31%), an average of -9.0% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 39% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Hobbs State Park-Conservation Area Inc 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 47th percentile, and in the 47th percentile within AR. Charities of a similar size with the same main cause include Friends of Chugach National Forest Avalanche Information Center ($148k), Garden Study Club of New Orleans ($149k) and Keep Fremont Beautiful ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.