Agassiz Village Founded by Mr & Mrs Harry E Burroughs

Analysis

Agassiz Village Founded by Mr & Mrs Harry E Burroughs is a registered charity in United States, based in Framingham, MA. It received its IRS tax-exemption ruling in February 1957, 69 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Agassiz Village Founded by Mr & Mrs Harry E Burroughs reported income of $1.3m and spending of $1.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $809k to $1.3m (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 122%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agassiz Village Founded by Mr & Mrs Harry E Burroughs sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Al-Falaq Academy Inc ($1.3m), YMCA of Moore County ($1.3m) and Association of Marshall Scholars Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $139k (11% of expenses). Other salaries and wages came to $407k. At year end it held assets of $1.7m against liabilities of $105k, net assets of $1.6m. It reported 78 employees.