Peter M Goodrich Memorial Foundation

Analysis

Peter M Goodrich Memorial Foundation is a registered charity in United States, based in Bennington, VT. It received its IRS tax-exemption ruling in July 2005, 21 years ago. 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, Peter M Goodrich Memorial Foundation reported income of $189k and spending of $101k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $21k to $189k (+788%), an average of +73% a year. The sharpest change came in the year to December 2021, when income rose by 860%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peter M Goodrich Memorial Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 43rd percentile within VT. Charities of a similar size with the same main cause include Terrebonne Historical Cultural Society Inc ($189k), PTA California Congress of Parents Teachers & Students Inc ($189k) and Salem Historical Society ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.