Middlesex County Volunteers Fifes and Drums Inc

Analysis

Middlesex County Volunteers Fifes and Drums Inc is a registered charity in United States, based in Salem, MA. It received its IRS tax-exemption ruling in May 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Middlesex County Volunteers Fifes and Drums Inc reported income of $62k and spending of $37k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $62k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Middlesex County Volunteers Fifes and Drums Inc sits at the 28th percentile: it is larger than about 28% 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 Meyersdale Area Historical Society ($62k), Cherokee Community Chorale ($62k) and Saturn Club Historic Preservation Foundation ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.