Marshfield School of Weaving Inc

Analysis

Marshfield School of Weaving Inc is a registered charity in United States, based in Newbury, VT. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marshfield School of Weaving Inc reported income of $118k and spending of $157k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $12k to $118k (+913%), an average of +914% a year. The sharpest change came in the year to December 2023, when income rose by 913%. Over the whole period it spent 124% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marshfield School of Weaving Inc 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 41st percentile, and in the 31st percentile within VT. Charities of a similar size with the same main cause include San Antonio Young Womens Leadership Academy Foundation ($118k), Ohio Educational Outreach Foundation ($118k) and Carey International University of Theology Inc ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. At year end it held assets of $35k against liabilities of $27k, net assets of $7,722.