Cape Cod Pilgrim Memorial Association of Provincetown

Analysis

Cape Cod Pilgrim Memorial Association of Provincetown is a registered charity in United States, based in Provincetown, MA. It received its IRS tax-exemption ruling in October 1938, 88 years ago. 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, Cape Cod Pilgrim Memorial Association of Provincetown reported income of $1.7m and spending of $1.6m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.7m (+1.7%), an average of +0.4% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. 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, Cape Cod Pilgrim Memorial Association of Provincetown 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 85th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Healthcare Chaplaincy Inc ($1.7m), Vida Senior Centers ($1.7m) and Friends of the Homeless of the South Shore Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $143k (9.0% of expenses). Other salaries and wages came to $332k. At year end it held assets of $9.4m against liabilities of $4.2m, net assets of $5.2m. It reported 16 employees.