Treasure Cay Community Foundation Inc

Analysis

Treasure Cay Community Foundation Inc is a registered charity in United States, based in Ayer, MA. It received its IRS tax-exemption ruling in November 2004, 22 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, Treasure Cay Community Foundation Inc reported income of $77k and spending of $33k, leaving 57% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.7m to $77k (-97%), an average of -59% a year. The sharpest change came in the year to June 2022, when income rose by 118%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Treasure Cay Community Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 38th percentile within MA. Charities of a similar size with the same main cause include Monday Club Foundation Inc ($77k), Project Phil Corp ($77k) and Mt Calvary Athletic Club Inc ($77k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 26% of the total. At year end it held assets of $1.9m against liabilities of $11k, net assets of $1.9m.