Society of Mayflower Descendants in the State of Connecticut

Analysis

Society of Mayflower Descendants in the State of Connecticut is a registered charity in United States, based in Middletown, CT. It received its IRS tax-exemption ruling in November 1965, 61 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 September 2024, Society of Mayflower Descendants in the State of Connecticut reported income of $176k and spending of $114k, leaving 35% of income unspent that year. Across the 5 years on record, from September 2020 to September 2024, income grew from $98k to $176k (+80%), an average of +16% a year. The sharpest change came in the year to September 2024, when income rose by 35%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society of Mayflower Descendants in the State of Connecticut sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within CT. Charities of a similar size with the same main cause include Montana Cowboy Hall of Fame & Western Heritage Center Inc ($176k), Interplay Jazz & Arts Inc ($176k) and Ensemble Stage ($176k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 61% and program service revenue 26% of the total. At year end it held assets of $683k against liabilities of $0, net assets of $683k.