Friends Of@raising the Village Incorporated

Analysis

Friends Of@raising the Village Incorporated is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, Friends Of@raising the Village Incorporated reported income of $12.1m and spending of $5.3m, leaving 56% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.5m to $12.1m (+722%), an average of +102% a year. The sharpest change came in the year to December 2022, when income rose by 289%. Over the whole period it spent 61% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends Of@raising the Village Incorporated sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Community Foundation of Macon County ($12.1m), Oshkosh Area Community Foundation Corporation ($12.2m) and Capital for Good USA ($12.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $7.0m against liabilities of $0, net assets of $7.0m.