Friends of Fred Smith Inc

Analysis

Friends of Fred Smith Inc is a registered charity in United States, based in Phillips, WI. It received its IRS tax-exemption ruling in October 1995, 31 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 Fred Smith Inc reported income of $144k and spending of $99k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $201k to $144k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 50% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Fred Smith Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within WI. Charities of a similar size with the same main cause include Arei Inc ($144k), Southeastern Arizona Bird Observatory Incorporated ($144k) and Climate Accountability Institute ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 8.1% of the total. Other salaries and wages came to $29k. At year end it held assets of $509k against liabilities of $655, net assets of $508k. It reported 8 employees.