Friends of Volta Park Inc

Analysis

Friends of Volta Park Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Volta Park Inc reported income of $62k and spending of $42k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $62k (-9.9%), an average of -9.9% a year. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of Volta Park Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 13th percentile within DC. Charities of a similar size with the same main cause include Gods Power and Light Ministries Inc ($62k), Shekinah Glory International Fellowship Sgif ($62k) and Santa Rosa Interfaith Jail Ministries Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $239k against liabilities of $0, net assets of $239k.