Friends of Howe House Society
Analysis
Friends of Howe House Society is a registered charity in United States, based in Montclair, NJ. It received its IRS tax-exemption ruling in May 2023, 3 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 Howe House Society reported income of $128k and spending of $84k, leaving 34% of income unspent that year. Over the whole period it spent 66% 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 Howe House Society sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Armenian American Cultural Association Inc ($128k), Golden Hornet Project Incorporated ($128k) and Telugu Cultural Association ($128k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $444k against liabilities of $363k, net assets of $81k.
Income and spending
Where the income comes from
- Contributions & grants 82%
- Other 18%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Armenian American Cultural Association Inc | Arlington | $128k |
| Golden Hornet Project Incorporated | Austin | $128k |
| Telugu Cultural Association | Austin | $128k |
| Alkemie Early Music Ensemble Inc | Brooklyn | $128k |