Hoyt Arboretum Friends Foundation Inc

Analysis

Hoyt Arboretum Friends Foundation Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in May 1991, 35 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Hoyt Arboretum Friends Foundation Inc reported income of $1.3m and spending of $912k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $623k to $1.3m (+102%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 73% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Hoyt Arboretum Friends Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OR. Charities of a similar size with the same main cause include Minnesota Association of Soil and ($1.3m), Forest Releaf of Missouri ($1.3m) and Montana Freshwater Partners Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 9.4% of the total. Compensation of current officers, directors and key employees was $118k (13% of expenses). Other salaries and wages came to $388k. At year end it held assets of $2.3m against liabilities of $24k, net assets of $2.3m. It reported 17 employees.