Friends of Sutton Elders Inc

Analysis

Friends of Sutton Elders Inc is a registered charity in United States, based in Sutton, MA. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Friends of Sutton Elders Inc reported income of $93k and spending of $27k, leaving 71% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $6,518 to $93k (+1330%), an average of +94% a year. The sharpest change came in the year to June 2024, when income rose by 511%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Sutton Elders Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include Essex-Dorsey Senior Center ($93k), Nearly Nu Thrift Shop ($93k) and Conroy Housing Development Fund Inc ($93k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.