Friends of Bassing Beach Inc

Analysis

Friends of Bassing Beach Inc is a registered charity in United States, based in Cohasset, MA. It received its IRS tax-exemption ruling in January 2021, 5 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 2023, Friends of Bassing Beach Inc reported income of $80k and spending of $101k, spending 125% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $416k to $80k (-81%), an average of -42% a year. The sharpest change came in the year to December 2021, when income dropped by 83%. Over the whole period it spent 90% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Bassing Beach Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include West Maka Ska Neighborhood Council Inc ($80k), Syracuse Parks Conservancy Inc ($80k) and Breathe Mongolia - Clean Air Coalition Inc ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.