Essex North Shore Agricultural Technical Foundation Inc

Analysis

Essex North Shore Agricultural Technical Foundation Inc is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in December 2011, 15 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, Essex North Shore Agricultural Technical Foundation Inc reported income of $769k and spending of $764k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $356k to $769k (+116%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 3402%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Essex North Shore Agricultural Technical Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include United Way of Albany County Inc ($769k), Council for Inclusive Governance ($769k) and Shoreline Community College Foundation ($769k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.