Margaret Fuller-Neighborhood House Inc

Analysis

Margaret Fuller-Neighborhood House Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Margaret Fuller-Neighborhood House Inc reported income of $3.5m and spending of $1.7m, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $699k to $3.5m (+396%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Margaret Fuller-Neighborhood House Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include National Cares Mentoring Movement Inc ($3.5m), Village of Progress Inc ($3.5m) and Arc of Bradford County Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.0% of the total. Other salaries and wages came to $436k. At year end it held assets of $2.5m against liabilities of $453k, net assets of $2.1m. It reported 15 employees.