Friends of Reedy River Inc

Analysis

Friends of Reedy River Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in September 1994, 32 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 Reedy River Inc reported income of $85k and spending of $92k, spending 109% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $29k to $85k (+197%), an average of +72% a year. The sharpest change came in the year to December 2022, when income rose by 246%. Over the whole period it spent 143% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Reedy River Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 38th percentile within SC. Charities of a similar size with the same main cause include Florida Chapter-American Asociation of Blacks in Energy ($85k), Friends of Messalonskee ($85k) and American Volkssport Association Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $78k against liabilities of $1,375, net assets of $76k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.