French Broad River Garden Club Foundation Inc Biltmore Station

Analysis

French Broad River Garden Club Foundation Inc Biltmore Station is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in August 1957, 69 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 June 2023, French Broad River Garden Club Foundation Inc Biltmore Station reported income of $91k and spending of $140k, spending 153% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $89k to $91k (+2.1%), an average of +2.1% a year. Over the whole period it spent 115% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, French Broad River Garden Club Foundation Inc Biltmore Station sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within NC. Charities of a similar size with the same main cause include Community Conservation Inc ($91k), Sustainable Renton ($91k) and Izaak Wlaton League of America Inc ($91k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $300k against liabilities of $3,000, net assets of $297k.