Friends of the New Hanover County Arboretum Inc

Analysis

Friends of the New Hanover County Arboretum Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in January 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 New Hanover County Arboretum Inc reported income of $141k and spending of $108k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $141k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 72% 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 New Hanover County Arboretum Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Saluda Community Land Trust Inc ($141k), Keep Sugar Land Beautiful ($141k) and Sunburys Revitalization Inc ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 10% of the total. At year end it held assets of $331k against liabilities of $3,538, net assets of $327k.