Friends of Exuma

Analysis

Friends of Exuma is a registered charity in United States, based in Erlanger, KY. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Exuma reported income of $315k and spending of $920k, spending 292% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $218k to $315k (+44%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 276%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Exuma sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within KY. Charities of a similar size with the same main cause include New Ulm Area Foundation Inc ($315k), Brownsburg Parent Voice Inc ($315k) and Charitable Foundation of the Grand Lodge of Ohio F & a M ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $422k against liabilities of $0, net assets of $422k.