The Molly Fitzgerald Memorial Fund Inc

Analysis

The Molly Fitzgerald Memorial Fund Inc is a registered charity in United States, based in Marshfield, MA. It received its IRS tax-exemption ruling in March 2009, 17 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 December 2023, The Molly Fitzgerald Memorial Fund Inc reported income of $80k and spending of $58k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $80k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Molly Fitzgerald Memorial Fund Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include Minnesotans Against Terrorism ($80k), Chapel Hill Touchdown Association Inc ($81k) and Oakview Community Parent Teacher Club ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $314k against liabilities of $1,061, net assets of $313k.