Friends of Letchworth State Park

Analysis

Friends of Letchworth State Park is a registered charity in United States, based in Castile, NY. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 March 2024, Friends of Letchworth State Park reported income of $68k and spending of $48k, leaving 29% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income fell from $95k to $68k (-28%), an average of -28% a year. The sharpest change came in the year to March 2024, when income dropped by 28%. Over the whole period it spent 34% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Letchworth State Park sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Bella Vista Track & Field and Cross Country Booster Club ($68k), Cowley Riding Club ($68k) and Cape Cod Chaos Inc ($68k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 71% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.