Friends of the Centennial Trail

Analysis

Friends of the Centennial Trail is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in January 1997, 29 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 the Centennial Trail reported income of $102k and spending of $80k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $102k (+11%), an average of +12% a year. Over the whole period it spent 89% 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 the Centennial Trail sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within WA. Charities of a similar size with the same main cause include Results Foundation ($102k), Wente Family Foundation for Arts Education ($102k) and Frisco Womens League ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $334k against liabilities of $3,991, net assets of $330k.