Friends of Ashbys Fort Inc

Analysis

Friends of Ashbys Fort Inc is a registered charity in United States, based in Fort Ashby, WV. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Ashbys Fort Inc reported income of $75k and spending of $45k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $75k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Ashbys Fort Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within WV. Charities of a similar size with the same main cause include Schenectady Disc Golf Club ($75k), Prima Care Scholarship Foundation Charitable Trust ($75k) and Power to Inspire Foundation Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $265k against liabilities of $9,902, net assets of $255k.