New Marlborough Village Assoc Inc

Analysis

New Marlborough Village Assoc Inc is a registered charity in United States, based in New Marlborough, MA. It received its IRS tax-exemption ruling in October 1973, 53 years ago. 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, New Marlborough Village Assoc Inc reported income of $109k and spending of $108k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $109k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 469%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Marlborough Village Assoc Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Friends of the Allen Public Library Incorporated ($109k), Holy Order of Cherubim and Seraphim Church Inc ($109k) and Aurora Center for the Arts ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 43% of the total. At year end it held assets of $824k against liabilities of $0, net assets of $824k.