Friends of Matanzas Inc

Analysis

Friends of Matanzas Inc is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in February 2009, 17 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 Matanzas Inc reported income of $131k and spending of $131k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $131k (+7.4%), an average of +7.4% a year. Over the whole period it spent 98% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Matanzas Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Trash Free Maryland ($131k), Friends of Cheney Lake Inc ($131k) and Wildwood Conservation Foundation ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $263k against liabilities of $0, net assets of $263k.