Friends of the Orange Depot

Analysis

Friends of the Orange Depot is a registered charity in United States, based in Orange, TX. It received its IRS tax-exemption ruling in June 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 2023, Friends of the Orange Depot reported income of $53k and spending of $66k, spending 125% of what it took in. Across the 6 years on record, from December 2017 to December 2023, income fell from $121k to $53k (-56%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 166%. Over the whole period it spent 64% 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 the Orange Depot sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include The Joseph Smith Sr and Lucy Mack Smith Family Foundation ($53k), Patasphere ($53k) and Troy Arts Council ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $735k against liabilities of $0, net assets of $735k.