Friends for the Abbott Marshlands Inc

Analysis

Friends for the Abbott Marshlands Inc is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in August 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 (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 for the Abbott Marshlands Inc reported income of $84k and spending of $63k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $84k (+9.9%), an average of +9.9% a year. Over the whole period it spent 60% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends for the Abbott Marshlands Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Master Gardener Volunteers of Cobb County Inc ($84k), Foundation for a Sustainable Future ($84k) and Mobile Environmental Justice Action Coalition ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 4.6% of the total. At year end it held assets of $197k against liabilities of $1,592, net assets of $196k.