Fresh Pond Research Institute Inc
Analysis
Fresh Pond Research Institute Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover science and technology, 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 October 2023, Fresh Pond Research Institute Inc reported income of $133k and spending of $159k, spending 120% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $152k to $133k (-13%), an average of -3.4% a year. The sharpest change came in the year to October 2022, when income rose by 87%. Over the whole period it spent 87% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fresh Pond Research Institute Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Collin County Master Gardeners Association ($133k), Matthew Westerby Dance Company Inc ($133k) and Lexington Group Inc ($133k).
On its Form 990 for the period ending October 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $90k (57% of expenses). At year end it held assets of $1.2m against liabilities of $87k, net assets of $1.1m. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Collin County Master Gardeners Association | McKinney | $133k |
| Matthew Westerby Dance Company Inc | New York | $133k |
| Lexington Group Inc | Quinton | $133k |
| Marble City Opera Company | Tallahassee | $133k |