Royall House Association

Analysis

Royall House Association is a registered charity in United States, based in Medford, MA. It received its IRS tax-exemption ruling in January 1943, 83 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 March 2024, Royall House Association reported income of $722k and spending of $206k, leaving 71% of income unspent that year. Across the 6 years on record, from March 2019 to March 2024, income grew from $122k to $722k (+491%), an average of +43% a year. The sharpest change came in the year to March 2024, when income rose by 293%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Royall House Association sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Material Handling Educational Foundation Inc ($722k), Aurora Women and Girls Foundation Inc ($722k) and American Public Square Inc ($722k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 84% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $132k (64% of expenses). At year end it held assets of $1.7m against liabilities of $4,135, net assets of $1.7m. It reported 8 employees.