Essex County Trail Association Inc

Analysis

Essex County Trail Association Inc is a registered charity in United States, based in Hamilton, MA. It received its IRS tax-exemption ruling in November 1989, 37 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, Essex County Trail Association Inc reported income of $263k and spending of $237k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $327k to $263k (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Essex County Trail Association Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Meher Fund Inc ($263k), Boma Dallas Foundation ($263k) and New Rochelle Lightning Hockey Inc ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 19% of the total. Other salaries and wages came to $90k. At year end it held assets of $824k against liabilities of $8,080, net assets of $816k. It reported 2 employees.