Friends of Shrewsbury Crew Inc

Analysis

Friends of Shrewsbury Crew Inc is a registered charity in United States, based in Shrewsbury, MA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of Shrewsbury Crew Inc reported income of $92k and spending of $66k, leaving 28% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $44k to $92k (+110%), an average of +110% a year. The sharpest change came in the year to June 2024, when income rose by 110%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Shrewsbury Crew Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include River View Music Boosters Inc ($92k), South Laurel Band Supportors Inc ($92k) and High School District 206 Education Foundation ($92k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 37% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.