The Friends of Rickwood Field

Analysis

The Friends of Rickwood Field is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in July 1993, 33 years ago. 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, The Friends of Rickwood Field reported income of $562k and spending of $364k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2018 to December 2023, income grew from $227k to $562k (+147%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Friends of Rickwood Field sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within AL. Charities of a similar size with the same main cause include Mathews Volunteer Fire Department Inc ($561k), Wake Forest College Birthplace Society Inc ($562k) and Amateur Athletic Untion of the United States Inc ($561k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $36k (9.9% of expenses). Other salaries and wages came to $122k. At year end it held assets of $455k against liabilities of $1,616, net assets of $454k. It reported 4 employees.