Alan Thayer Mudge Memorial Fund Inc

Analysis

Alan Thayer Mudge Memorial Fund Inc is a registered charity in United States, based in Sherborn, MA. It received its IRS tax-exemption ruling in October 1993, 33 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, Alan Thayer Mudge Memorial Fund Inc reported income of $172k and spending of $94k, leaving 45% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $115k to $172k (+49%), an average of +8.3% a year. The sharpest change came in the year to June 2024, when income rose by 1928%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alan Thayer Mudge Memorial Fund Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Lifeline Faith Ministries Inc ($171k), Norman and Barbara Tanner 1999 Charitable Support TR I ($172k) and Wilmot Community Foundation ($171k).

At year end it held assets of $1.4m against liabilities of $2,500, net assets of $1.4m.