Friends of the Lewinsville Inc

Analysis

Friends of the Lewinsville Inc is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in December 1982, 44 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Friends of the Lewinsville Inc reported income of $206k and spending of $85k, leaving 59% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $251k to $206k (-18%), an average of -4.7% a year. The sharpest change came in the year to September 2021, when income rose by 23%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Lewinsville Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Ripon Quarterback Club Inc ($206k), Musicambia Inc ($206k) and American Youth Football Inc ($206k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.