NRHS Friends of Music

Analysis

NRHS Friends of Music is a registered charity in United States, based in Bolton, MA. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, NRHS Friends of Music reported income of $136k and spending of $118k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $29k to $136k (+368%), an average of +368% a year. The sharpest change came in the year to December 2023, when income rose by 368%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, NRHS Friends of Music sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Rotary Club of Pleasanton North Foundation ($136k), Setauket Parents Play School Inc ($136k) and Technology Awareness Group of Baltimore Inc ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.7% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.