51 Walden Inc

Analysis

51 Walden Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in February 1973, 53 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, 51 Walden Inc reported income of $132k and spending of $186k, spending 141% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $141k to $132k (-6.3%), an average of -1.6% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 51 Walden Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Medical Physics Publishing Corporation ($132k), The Moving Company ($132k) and Showkids Invitational Theater ($132k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $38k (20% of expenses). At year end it held assets of $425k against liabilities of $2,951, net assets of $422k. It reported 1 employees.