Chrystine M Sullivan Memorial Fund Inc

Analysis

Chrystine M Sullivan Memorial Fund Inc is a registered charity in United States, based in Norwell, MA. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Chrystine M Sullivan Memorial Fund Inc reported income of $106k and spending of $204k, spending 192% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $165k to $106k (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 153%. Over the whole period it spent 128% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chrystine M Sullivan Memorial Fund Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Waipahu Community Foundation TR 072092 ($106k), Local Hearts Foundation ($107k) and Saint Anthony Park Community Foundation ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.