Long Bow Group Inc

Analysis

Long Bow Group Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in February 1982, 44 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 March 2024, Long Bow Group Inc reported income of $136k and spending of $122k, spending 90% of its income. Across the 5 years on record, from March 2020 to March 2024, income fell from $227k to $136k (-40%), an average of -12% a year. The sharpest change came in the year to March 2023, when income rose by 4351%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Long Bow Group Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Organization for Texas Military Education ($136k), Manton Avenue Project ($136k) and Eastern Psychological Association Inc ($136k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 31% and program service revenue 1.2% of the total. Other salaries and wages came to $60k. At year end it held assets of $265k against liabilities of $11k, net assets of $254k. It reported 1 employees.