Friends of Sulgrave Manor

Analysis

Friends of Sulgrave Manor is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in January 1980, 46 years ago. 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 August 2023, Friends of Sulgrave Manor reported income of $240k and spending of $265k, spending 111% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $234k to $240k (+2.7%), an average of +0.7% a year. The sharpest change came in the year to August 2021, when income dropped by 21%. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Sulgrave Manor sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include International Community Corrections Association ($240k), Volunteers of America Inc ($240k) and Bolivar-Harpers Ferry Library ($240k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 81% and program service revenue 12% of the total. At year end it held assets of $496k against liabilities of $302, net assets of $495k.