Fenwick Improvement Fund Inc

Analysis

Fenwick Improvement Fund Inc is a registered charity in United States, based in Milton, MA. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Fenwick Improvement Fund Inc reported income of $143k and spending of $54k, leaving 62% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $119k to $143k (+20%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 37% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fenwick Improvement Fund 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 51st percentile within MA. Charities of a similar size with the same main cause include Vermont Agency Foundation Ltd ($143k), Mystic Force Foundation ($143k) and Natalie Woolsey Toy Drive Inc ($143k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 87% of the total. At year end it held assets of $437k against liabilities of $0, net assets of $437k.