Friends of the Wekiva River Incorporated

Analysis

Friends of the Wekiva River Incorporated is a registered charity in United States, based in Longwood, FL. It received its IRS tax-exemption ruling in June 1983, 43 years ago. 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 September 2023, Friends of the Wekiva River Incorporated reported income of $298k and spending of $94k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to September 2023, income grew from $221k to $298k (+35%), an average of +35% a year. The sharpest change came in the year to September 2023, when income rose by 35%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Wekiva River Incorporated sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Manav Sadhna ($298k), Morris Minute Men Inc ($298k) and Ottawa-Glandorf Athletic Boosters Association Inc ($298k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $559k against liabilities of $0, net assets of $559k.