Benchmark One Company Fund Inc

Analysis

Benchmark One Company Fund Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Benchmark One Company Fund Inc reported income of $452k and spending of $649k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $494k to $452k (-8.4%), an average of -2.2% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Benchmark One Company Fund Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Madison County Elderly Services Inc ($452k), Lifepath Foundation ($452k) and Illinois Partners for Human Service ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 145% of the total. Other salaries and wages came to $73k. At year end it held assets of $297k against liabilities of $19k, net assets of $278k.