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Margret and H a Rey Center Inc

RegisteredEIN 22-3863524Watervl Vly, NHArts, culture, heritage and science
Income$144k2023-12
Spending$155ksame year
Spent / received115%2-year average
Size in its cause51st pctArts, culture, heritage and science
Exempt since2003Publicly supported organisat
Employees–latest return

Analysis

Margret and H a Rey Center Inc is a registered charity in United States, based in Watervl Vly, NH. It received its IRS tax-exemption ruling in June 2003, 23 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 (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, Margret and H a Rey Center Inc reported income of $144k and spending of $155k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $144k (+9.3%), an average of +9.3% a year. Over the whole period it spent 115% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Margret and H a Rey Center Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within NH. Charities of a similar size with the same main cause include Friends of the Municipality of Anchorage Public Libraries ($144k), Henderson Castle Foundation ($144k) and Seattle Flow Arts Collective ($144k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 54% of the total. At year end it held assets of $193k against liabilities of $47k, net assets of $145k.

Income and spending

$0$41k$81k$122k$162k2022 Income: $131,6652022 Spending: $162,41020222023 Income: $143,9712023 Spending: $154,9392023
IncomeSpending

Where the income comes from

  • Contributions & grants 35%
  • Program services 54%
  • Other 10%

Similar-sized charities, same cause

CharityLocationIncome
Friends of the Municipality of Anchorage Public LibrariesAnchorage$144k
Henderson Castle FoundationKalamazoo$144k
Seattle Flow Arts CollectiveSeattle$144k
Land O Lakes Area Artisans IncLand O Lakes$144k