Sherborn Community Center Foundation Inc

Analysis

Sherborn Community Center Foundation Inc is a registered charity in United States, based in Sherborn, MA. It received its IRS tax-exemption ruling in October 1986, 40 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 June 2024, Sherborn Community Center Foundation Inc reported income of $111k and spending of $171k, spending 154% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $128k to $111k (-13%), an average of -14% a year. Over the whole period it spent 139% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sherborn Community Center Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include International Polka Association ($111k), Edge Ensemble Theatre Company ($111k) and Camp ($111k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 58% of the total. At year end it held assets of $413k against liabilities of $3,122, net assets of $410k.