Friends of Paynes Prairie Inc

Analysis

Friends of Paynes Prairie Inc is a registered charity in United States, based in Micanopy, FL. It received its IRS tax-exemption ruling in April 2004, 22 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Paynes Prairie Inc reported income of $78k and spending of $37k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $92k to $78k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 44% 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 Paynes Prairie Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include Crossroads Tigers Youth Atheletics ($78k), Port Neches Groves Softball League Inc ($78k) and Bainbridge Island Lacrosse Association ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $256k against liabilities of $0, net assets of $256k.