Scituate Etrusco Associates Inc

Analysis

Scituate Etrusco Associates Inc is a registered charity in United States, based in Scituate, MA. It received its IRS tax-exemption ruling in December 1977, 49 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 December 2023, Scituate Etrusco Associates Inc reported income of $63k and spending of $38k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $39k to $63k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Scituate Etrusco Associates Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include C G Jung Educational and Research Center Inc ($63k), Alexandria Township Historical Society ($63k) and PTA California Congress of Parents Teachers & Students Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $403k against liabilities of $0, net assets of $403k.