Thacher & Straitsmouth Islands Association

Analysis

Thacher & Straitsmouth Islands Association is a registered charity in United States, based in Rockport, MA. It received its IRS tax-exemption ruling in June 1983, 43 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, Thacher & Straitsmouth Islands Association reported income of $232k and spending of $176k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $102k to $232k (+127%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 418%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thacher & Straitsmouth Islands Association sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Stanislaus Partners in Education ($232k), 92 for 22 ($232k) and Bandera County Helping Hand Center ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $972k against liabilities of $0, net assets of $972k.