Fitchburg Cultural Alliance Inc

Analysis

Fitchburg Cultural Alliance Inc is a registered charity in United States, based in Fitchburg, MA. It received its IRS tax-exemption ruling in May 1985, 41 years ago. 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, Fitchburg Cultural Alliance Inc reported income of $105k and spending of $106k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $105k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fitchburg Cultural Alliance Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Norman and Barbara Tanner Charitable Support TR II ($105k), Friends of Transylvania County Library ($105k) and Museum of Indian Culture ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 10% of the total. At year end it held assets of $81k against liabilities of $11k, net assets of $69k.