Deltaquest Foundation Inc

Analysis

Deltaquest Foundation Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in December 2004, 22 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 June 2023, Deltaquest Foundation Inc reported income of $319k and spending of $344k, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $374k to $319k (-15%), an average of -5.2% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Deltaquest Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include St Croix Falls Festival Theatre ($319k), Sandra Day Oconnor Band Boosters ($319k) and Generations in Jazz Foundation ($319k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $230k (67% of expenses). At year end it held assets of $198k against liabilities of $29k, net assets of $169k. It reported 2 employees.