18 Degrees Inc

Analysis

18 Degrees Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in April 1958, 68 years ago. 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 June 2023, 18 Degrees Inc reported income of $10.9m and spending of $10.1m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $9.7m to $10.9m (+12%), an average of +3.8% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 18 Degrees Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include Ohio Association of Community Health Center Inc ($10.9m), Aid Upstate ($10.9m) and Parentchild Plus Inc ($10.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $319k (3.2% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $7.3m against liabilities of $2.4m, net assets of $4.9m. It reported 206 employees.