Friends of Mill Ridge Park

Analysis

Friends of Mill Ridge Park is a registered charity in United States, based in Antioch, TN. It received its IRS tax-exemption ruling in March 2017, 9 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 Mill Ridge Park reported income of $1.5m and spending of $331k, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $1.5m (+530%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 501%. Over the whole period it spent 47% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Mill Ridge Park sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include Carbon Tracker Initiative Inc ($1.5m), Renew New England Alliance ($1.5m) and Native Seeds Southwestrn Endangered Aridland Resources Clearing House ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $127k (38% of expenses). Other salaries and wages came to $58k. At year end it held assets of $1.3m against liabilities of $2,316, net assets of $1.3m. It reported 2 employees.