Louisa May Alcotts Orchard House Inc

Analysis

Louisa May Alcotts Orchard House Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in January 1941, 85 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 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 2021, Louisa May Alcotts Orchard House Inc reported income of $800k and spending of $565k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $778k to $800k (+2.9%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Louisa May Alcotts Orchard House Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Artists Council ($800k), Youth Orchestra of Greater Fort Worth Inc ($801k) and Theatre Lawrence Inc ($800k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 59% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $100k (18% of expenses). Other salaries and wages came to $203k. At year end it held assets of $6.6m against liabilities of $238k, net assets of $6.3m. It reported 36 employees.