Mayflower Society House Endowment Fund

Analysis

Mayflower Society House Endowment Fund is a registered charity in United States, based in Plymouth, MA. It received its IRS tax-exemption ruling in February 1949, 77 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Mayflower Society House Endowment Fund reported income of $279k and spending of $584k, spending 209% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $401k to $279k (-30%), an average of -8.7% a year. The sharpest change came in the year to June 2022, when income rose by 165%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mayflower Society House Endowment Fund sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Berkeley Art Center Association ($279k), Italian Cultural Center ($279k) and Actors Bridge Ensemble Theater of Nashville Inc ($279k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% of the total. At year end it held assets of $5.2m against liabilities of $0, net assets of $5.2m.