Friends of Pocahontas

Analysis

Friends of Pocahontas is a registered charity in United States, based in Chesterfield, VA. It received its IRS tax-exemption ruling in May 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Pocahontas reported income of $85k and spending of $91k, spending 108% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $280k to $85k (-70%), an average of -45% a year. The sharpest change came in the year to December 2022, when income dropped by 66%. Over the whole period it spent 47% 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 Pocahontas sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within VA. Charities of a similar size with the same main cause include Annual Tennessee Beef Agribition ($85k), Youth Rodeo Association ($85k) and Elko Swim Team ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 58% of the total. At year end it held assets of $294k against liabilities of $0, net assets of $294k.