Spiral Foundation at Ota Watertown

Analysis

Spiral Foundation at Ota Watertown is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Spiral Foundation at Ota Watertown reported income of $130k and spending of $148k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $130k to $130k (-0.0%), an average of +-0.0% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 120% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spiral Foundation at Ota Watertown sits at the 33rd percentile: it is larger than about 32% 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 Friends of the York County Library ($130k), Stacy Multipurpose Center Inc ($130k) and Moorestown Integrative Wellness Inc ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. Other salaries and wages came to $53k. At year end it held assets of $57k against liabilities of $5,384, net assets of $52k. It reported 1 employees.