Friends of Fonta Flora State Trail Inc

Analysis

Friends of Fonta Flora State Trail Inc is a registered charity in United States, based in Marion, NC. It received its IRS tax-exemption ruling in April 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Fonta Flora State Trail Inc reported income of $120k and spending of $111k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $188k to $120k (-36%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 50%. Over the whole period it spent 82% 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 Fonta Flora State Trail Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Wilkins School Community Center ($120k), Syracuse Challenger Baseball Inc ($120k) and Wilson Lacrosse Club ($120k).

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 $80k against liabilities of $2,532, net assets of $78k.