Friends of Buker Elementary School Inc

Analysis

Friends of Buker Elementary School Inc is a registered charity in United States, based in Wenham, MA. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 August 2023, Friends of Buker Elementary School Inc reported income of $61k and spending of $37k, leaving 39% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $52k to $61k (+17%), an average of +17% a year. The sharpest change came in the year to August 2023, when income rose by 17%. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Friends of Buker Elementary School Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include Marion Town Committee ($61k), American Independent Business Alliance ($61k) and Nashville Catholic Business Womens League Inc ($61k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 4.1% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.