Friends of Wilmington Parks Inc

Analysis

Friends of Wilmington Parks Inc is a registered charity in United States, based in Montchanin, DE. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 June 2023, Friends of Wilmington Parks Inc reported income of $91k and spending of $85k, spending 93% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $103k to $91k (-12%), an average of -12% a year. Over the whole period it spent 85% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Wilmington Parks Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within DE. Charities of a similar size with the same main cause include Rhode Island Nursery and Landscape Institute ($91k), Sportsmen for the Boundary Waters ($91k) and The Sugar Lake Association ($91k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 2.5% of the total. At year end it held assets of $315k against liabilities of $0, net assets of $315k.