Northern Star Quilters Guild Ltd

Analysis

Northern Star Quilters Guild Ltd is a registered charity in United States, based in Somers, NY. It received its IRS tax-exemption ruling in March 1986, 40 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 June 2024, Northern Star Quilters Guild Ltd reported income of $98k and spending of $97k, spending 98% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $69k to $98k (+43%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northern Star Quilters Guild Ltd sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include DC Concert Orchestra Society ($98k), Players de Noc Inc ($99k) and Choral Dynamics of Galesburg Inc ($98k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 21% of the total. At year end it held assets of $110k against liabilities of $3,125, net assets of $106k.