Friends of Johnston Inc

Analysis

Friends of Johnston Inc is a registered charity in United States, based in Bethlehem, PA. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2021, Friends of Johnston Inc reported income of $67k and spending of $130k, spending 194% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $112k to $67k (-41%), an average of -23% a year. The sharpest change came in the year to December 2021, when income dropped by 27%. Over the whole period it spent 115% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Johnston Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within PA. Charities of a similar size with the same main cause include Art Around the Corner Foundation ($67k), Second State Press ($67k) and World Society for Stereotactic and Functional Neurosurgery ($67k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 85% and program service revenue 15% of the total. At year end it held assets of $648k against liabilities of $579k, net assets of $69k.