Springfield Public Forum Inc

Analysis

Springfield Public Forum Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in June 1968, 58 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 March 2024, Springfield Public Forum Inc reported income of $116k and spending of $116k, spending 101% of its income. Across the 3 years on record, from March 2020 to March 2024, income fell from $230k to $116k (-50%), an average of -29% a year. The sharpest change came in the year to March 2024, when income dropped by 37%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Springfield Public Forum Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($116k), Gong Club Inc ($116k) and Autism Society of America ($116k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 39% of the total. At year end it held assets of $482k against liabilities of $2,000, net assets of $480k.