Friends of Auburn Heights Inc

Analysis

Friends of Auburn Heights Inc is a registered charity in United States, based in Yorklyn, DE. It received its IRS tax-exemption ruling in October 2004, 22 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, Friends of Auburn Heights Inc reported income of $706k and spending of $450k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $706k (-48%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 72%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Auburn Heights Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within DE. Charities of a similar size with the same main cause include Community Science Workshop Network ($706k), Japanese Are Society of America Inc ($706k) and Latino Leadership Institute ($706k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 8.7% of the total. Compensation of current officers, directors and key employees was $101k (22% of expenses). Other salaries and wages came to $55k. At year end it held assets of $3.2m against liabilities of $27k, net assets of $3.1m. It reported 2 employees.