Maria Seymour Brooker Memorial Inc

Analysis

Maria Seymour Brooker Memorial Inc is a registered charity in United States, based in Torrington, CT. It received its IRS tax-exemption ruling in July 1942, 84 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Maria Seymour Brooker Memorial Inc reported income of $5.5m and spending of $3.0m, leaving 46% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.6m to $5.5m (+111%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 116%. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Maria Seymour Brooker Memorial Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within CT. Charities of a similar size with the same main cause include Mount Dora Community Trust ($5.5m), Chief Executives for Corporate Purpose Inc ($5.5m) and Independent Sector ($5.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.2% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $206k (6.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $48.2m against liabilities of $78k, net assets of $48.1m. It reported 43 employees.