Friends of Hartman Reserve Inc

Analysis

Friends of Hartman Reserve Inc is a registered charity in United States, based in Cedar Falls, IA. It received its IRS tax-exemption ruling in December 1988, 38 years ago. 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 June 2024, Friends of Hartman Reserve Inc reported income of $160k and spending of $85k, leaving 47% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $168k to $160k (-4.5%), an average of -0.9% a year. The sharpest change came in the year to June 2023, when income rose by 2735%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Hartman Reserve 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 49th percentile, and in the 49th percentile within IA. Charities of a similar size with the same main cause include Charles County Scholarship Fund Inc ($160k), Mountain Spirit Center Inc ($160k) and Moniteau County Agricultural and Mechanical Society ($160k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 40% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.