Nipmuc Indian Development Corp Inc

Analysis

Nipmuc Indian Development Corp Inc is a registered charity in United States, based in Grafton, MA. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Nipmuc Indian Development Corp Inc reported income of $327k and spending of $206k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $306k to $327k (+6.8%), an average of +6.8% a year. Over the whole period it spent 55% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Nipmuc Indian Development Corp Inc sits at the 60th percentile: it is larger than about 60% 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 Saffron Kitchen Inc ($327k), Working Men of Christ Inc ($327k) and Tappahannock Main Street ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $327k against liabilities of $206k, net assets of $122k.