Laurel Hill Association of Stockbridge

Analysis

Laurel Hill Association of Stockbridge is a registered charity in United States, based in Stockbridge, MA. It received its IRS tax-exemption ruling in April 1985, 41 years ago. 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, Laurel Hill Association of Stockbridge reported income of $60k and spending of $70k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $151k to $60k (-60%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 128%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Laurel Hill Association of Stockbridge sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 32nd percentile within MA. Charities of a similar size with the same main cause include Little League Baseball Inc ($60k), Sunflower Rail-Trails Conservancy Inc ($60k) and Greater Winston Salem Chamber of Commerce Foundation Inc ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 8.3% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.