Newton Conservators Inc

Analysis

Newton Conservators Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in June 1963, 63 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, Newton Conservators Inc reported income of $98k and spending of $32k, leaving 68% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $284k to $98k (-66%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Newton Conservators Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Jobs 4 US Inc ($98k), Grey Matter Media LLC ($98k) and Meeting House Hill Cemetery Co Inc C/O J a Scott ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $654k against liabilities of $54k, net assets of $600k.