Cocheco Quilters Guild

Analysis

Cocheco Quilters Guild is a registered charity in United States, based in Dover, NH. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cocheco Quilters Guild reported income of $77k and spending of $77k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $77k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cocheco Quilters Guild 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 30th percentile, and in the 32nd percentile within NH. Charities of a similar size with the same main cause include Reut Miami Inc ($77k), Urban Arts Music ($77k) and Volcano Theatre Company ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.