Sanborn Mills Inc

Analysis

Sanborn Mills Inc is a registered charity in United States, based in Loudon, NH. It received its IRS tax-exemption ruling in December 2001, 25 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 supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sanborn Mills Inc reported income of $2.3m and spending of $1.8m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.3m (+1.5%), an average of +0.4% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sanborn Mills Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NH. Charities of a similar size with the same main cause include African-American Civil War Memorial Freedom Foundation ($2.3m), Puerto Rico Centro de Artes Y Tecno Logia Corp ($2.3m) and Movimiento de Arte Y Cultura Latino Americana de San Jose Incorporated ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.9% of the total. Other salaries and wages came to $924k. At year end it held assets of $11.0m against liabilities of $200k, net assets of $10.8m. It reported 31 employees.