Friends of Whittemore Inc

Analysis

Friends of Whittemore Inc is a registered charity in United States, based in Oldwick, NJ. It received its IRS tax-exemption ruling in October 2003, 23 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 December 2023, Friends of Whittemore Inc reported income of $117k and spending of $134k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $117k (+0.8%), an average of +0.8% a year. Over the whole period it spent 104% 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 Whittemore Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 49th percentile within NJ. Charities of a similar size with the same main cause include Kittitas Valley Junior Soccer Association ($117k), South Iredell Soccer Association ($117k) and Quad City Heat Baseball Club ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 48% of the total. At year end it held assets of $31k against liabilities of $1,495, net assets of $30k.