Friends of the Merrimack River Greenway Trail

Analysis

Friends of the Merrimack River Greenway Trail is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Merrimack River Greenway Trail reported income of $253k and spending of $159k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $253k (+223%), an average of +223% a year. The sharpest change came in the year to December 2023, when income rose by 223%. Over the whole period it spent 50% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of the Merrimack River Greenway Trail sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within NH. Charities of a similar size with the same main cause include Long Walk Home Inc ($253k), Loveland Baseball Association ($253k) and Oregon Bicycle Racing Association ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $307k against liabilities of $150, net assets of $307k.