Friends of The@concord - Lake Sunapee Rail Trail

Analysis

Friends of The@concord - Lake Sunapee Rail Trail is a registered charity in United States, based in Warner, NH. It received its IRS tax-exemption ruling in October 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 2022, Friends of The@concord - Lake Sunapee Rail Trail reported income of $94k and spending of $48k, leaving 49% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $161k to $94k (-42%), an average of -16% a year. The sharpest change came in the year to December 2021, when income dropped by 64%. Over the whole period it spent 72% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of The@concord - Lake Sunapee Rail Trail 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 35th percentile, and in the 37th percentile within NH. Charities of a similar size with the same main cause include Friends of Secrestarboretum ($93k), Dog River Clearwater Revival ($94k) and Gardening Volunteers of South Texas ($93k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 90% of the total. At year end it held assets of $260k against liabilities of $0, net assets of $260k.