Friends of the Weston Community Inc

Analysis

Friends of the Weston Community Inc is a registered charity in United States, based in Weston, VT. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 the Weston Community Inc reported income of $302k and spending of $52k, leaving 83% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $262k to $302k (+15%), an average of +7.2% a year. The sharpest change came in the year to December 2023, when income rose by 1218%. Over the whole period it spent 16% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Weston Community Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 54th percentile within VT. Charities of a similar size with the same main cause include Seguinland Institute ($302k), Stagewest Theater Company ($302k) and Raven Drum Foundation ($302k).

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 $495k against liabilities of $0, net assets of $495k.