Friends of the Riverside Cemetery Inc

Analysis

Friends of the Riverside Cemetery Inc is a registered charity in United States, based in Waterbury, CT. It received its IRS tax-exemption ruling in January 2023, 3 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 the Riverside Cemetery Inc reported income of $165k and spending of $56k, leaving 66% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $17k to $165k (+876%), an average of +114% a year. The sharpest change came in the year to December 2023, when income rose by 242%. Over the whole period it spent 44% 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 the Riverside Cemetery Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within CT. Charities of a similar size with the same main cause include Gordon House Conservancy Inc ($165k), Association for Preservation Technology Northeast Inc ($165k) and Idaho Regional Ballet Inc ($165k).

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 $181k against liabilities of $0, net assets of $181k.