Leverett Craftsmen & Artists Incorporated

Analysis

Leverett Craftsmen & Artists Incorporated is a registered charity in United States, based in Leverett, MA. It received its IRS tax-exemption ruling in September 1967, 59 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 September 2023, Leverett Craftsmen & Artists Incorporated reported income of $87k and spending of $79k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $245k to $87k (-65%), an average of -23% a year. The sharpest change came in the year to September 2020, when income dropped by 74%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leverett Craftsmen & Artists Incorporated sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include Botetourt County Historical Society Inc ($87k), PTA Texas Congress ($87k) and Support Management Solutions ($87k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $11k (14% of expenses). At year end it held assets of $425k against liabilities of $22k, net assets of $403k. It reported 1 employees.