1717 Meetinghouse Foundation Inc

Analysis

1717 Meetinghouse Foundation Inc is a registered charity in United States, based in W Barnstable, MA. It received its IRS tax-exemption ruling in July 1951, 75 years ago. 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 December 2023, 1717 Meetinghouse Foundation Inc reported income of $124k and spending of $60k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $82k to $124k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 153%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 1717 Meetinghouse Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Autism Society of America ($124k), Operation Firing for Effect ($124k) and Watertown Association for Youth Soccer Inc ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $3.3m against liabilities of $2,155, net assets of $3.3m.