Friends of Doon Foundation

Analysis

Friends of Doon Foundation is a registered charity in United States, based in Doon, IA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Doon Foundation reported income of $423k and spending of $73k, leaving 83% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $509k to $423k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 7.9% 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 Doon Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within IA. Charities of a similar size with the same main cause include Town of Lewisboro Soccer Club Inc ($423k), Appleton Area Hockey Association Inc ($423k) and JDS Center of Hope Inc ($423k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $859k against liabilities of $0, net assets of $859k.