Friends of Olmsted Beil House Inc

Analysis

Friends of Olmsted Beil House Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Olmsted Beil House Inc reported income of $65k and spending of $21k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $65k (+116%), an average of +116% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 50% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Olmsted Beil House Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Denvers Art District on Santa Fe a Colorado Nonprofit Corporation ($65k), National Huguenot Society Inc ($65k) and Minnesota Air National Guard Historical Foundation Inc ($65k).

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 $59k against liabilities of $16, net assets of $59k.