Charity Guild Inc

Analysis

Charity Guild Inc is a registered charity in United States, based in Brockton, MA. It received its IRS tax-exemption ruling in March 1978, 48 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Charity Guild Inc reported income of $692k and spending of $660k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $257k to $692k (+169%), an average of +28% a year. The sharpest change came in the year to June 2020, when income rose by 84%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Charity Guild Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include The Kelly Gibson Foundation ($692k), C24 7 Fathers Arms Ministries ($692k) and Excel Community Development Corporation ($692k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 3.0% of the total. Other salaries and wages came to $296k. At year end it held assets of $909k against liabilities of $16k, net assets of $893k. It reported 20 employees.