Friends of the Rappahannock Inc
Analysis
Friends of the Rappahannock Inc is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in October 1986, 40 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 December 2023, Friends of the Rappahannock Inc reported income of $2.0m and spending of $1.9m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.0m to $2.0m (-34%), an average of -9.7% a year. The sharpest change came in the year to December 2020, when income dropped by 57%. Over the whole period it spent 76% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of the Rappahannock Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within VA. Charities of a similar size with the same main cause include Palmettopride the Governors Council on Beautification & Litter ($2.0m), Scenic America ($2.0m) and Colorado Center for the Advancement of Patient Safety ($2.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $93k (4.9% of expenses). Other salaries and wages came to $750k. At year end it held assets of $3.0m against liabilities of $170k, net assets of $2.8m. It reported 34 employees.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Program services 17%
- Other 7.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Palmettopride the Governors Council on Beautification & Litter | Columbia | $2.0m |
| Scenic America | Washington | $2.0m |
| Colorado Center for the Advancement of Patient Safety | Denver | $2.0m |
| Animas-La Plata Operation Maintenance and Replacement Associ | Durango | $2.0m |