Friends of Hope Cemetery & Woods

Analysis

Friends of Hope Cemetery & Woods is a registered charity in United States, based in Kennebunk, ME. It received its IRS tax-exemption ruling in February 2017, 9 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 (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 Hope Cemetery & Woods reported income of $72k and spending of $43k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $809k to $72k (-91%), an average of -45% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 85% 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 Hope Cemetery & Woods sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 21st percentile within ME. Charities of a similar size with the same main cause include Little League Baseball Inc ($72k), Matty G ($72k) and Southern Sportsmen for Youth & Physically Challenged Hunters ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $481k against liabilities of $0, net assets of $481k.