The Southborough Village Society Inc

Analysis

The Southborough Village Society Inc is a registered charity in United States, based in Southborough, MA. It received its IRS tax-exemption ruling in July 1995, 31 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, The Southborough Village Society Inc reported income of $73k and spending of $49k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $63k to $73k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2020, when income rose by 639%. Over the whole period it spent 17% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Southborough Village Society Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Canandaigua Rotary Service Foundation Inc ($73k), PTA Ohio Congress ($73k) and The Hingham High School Cross Country Boosters Inc ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 22% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.