Cranberry Research Foundation Inc

Analysis

Cranberry Research Foundation Inc is a registered charity in United States, based in Plymouth, MA. It received its IRS tax-exemption ruling in September 1996, 30 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 December 2023, Cranberry Research Foundation Inc reported income of $55k and spending of $53k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $79k to $55k (-30%), an average of -8.6% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cranberry Research Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Northport Galleries Inc ($55k), Warnecke Institute Inc ($55k) and Verona Area Performing Arts Series Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $683k against liabilities of $0, net assets of $683k.