Arthur D Shaw Memorial Fund Inc

Analysis

Arthur D Shaw Memorial Fund Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in July 1986, 40 years ago. 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 January 2024, Arthur D Shaw Memorial Fund Inc reported income of $110k and spending of $61k, leaving 45% of income unspent that year. Across the 5 years on record, from January 2020 to January 2024, income grew from $67k to $110k (+63%), an average of +13% a year. The sharpest change came in the year to January 2024, when income rose by 34%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arthur D Shaw Memorial Fund Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include The Little Meadows Charitable Trust ($110k), Nevada Music Educators Association ($110k) and Literacy Council of Madison County ($110k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 37% and program service revenue 36% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.