Shirley-Eustis House Association

Analysis

Shirley-Eustis House Association is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in February 1933, 93 years ago. Its declared purposes cover arts, culture and humanities, 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 December 2023, Shirley-Eustis House Association reported income of $1.1m and spending of $1.4m, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $126k to $1.1m (+775%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 390%. Over the whole period it spent 132% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shirley-Eustis House Association sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Childrens Museum of Rochester Inc ($1.1m), Lincoln Hills Cares Foundation ($1.1m) and Friends of Fort Lee Film Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 0.3% of the total. Other salaries and wages came to $135k. At year end it held assets of $2.9m against liabilities of $462k, net assets of $2.4m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.