Friens of Homestead National Monument of America

Analysis

Friens of Homestead National Monument of America is a registered charity in United States, based in Diller, NE. It received its IRS tax-exemption ruling in January 2002, 24 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, Friens of Homestead National Monument of America reported income of $139k and spending of $106k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $156k to $139k (-11%), an average of -11% a year. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friens of Homestead National Monument of America sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NE. Charities of a similar size with the same main cause include Historic Downtown District of Crystal Lake Inc ($139k), Fop of Virginia Foundation ($139k) and Driftless Community Radio Inc ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $522k against liabilities of $0, net assets of $522k.