Greater New Bedford Industrial Foundation Deltast

Analysis

Greater New Bedford Industrial Foundation Deltast is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in July 1957, 69 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending August 2023, Greater New Bedford Industrial Foundation Deltast reported income of $401k and spending of $295k, leaving 26% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $95k to $401k (+321%), an average of +61% a year. The sharpest change came in the year to August 2022, when income rose by 243%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater New Bedford Industrial Foundation Deltast sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Jacksonville Leased Housing Corporation ($401k), United Way of Mahaska County ($401k) and Alabama Institute for Social Justice ($401k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 22% of the total. At year end it held assets of $885k against liabilities of $165k, net assets of $720k.