Marshfield Council on Aging Boosters Inc

Analysis

Marshfield Council on Aging Boosters Inc is a registered charity in United States, based in Marshfield, MA. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Marshfield Council on Aging Boosters Inc reported income of $61k and spending of $92k, spending 151% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $61k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marshfield Council on Aging Boosters Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 32nd percentile within MA. Charities of a similar size with the same main cause include Central California Gymnastics Institute Booster Club ($61k), PTA Delaware Congress ($61k) and Brockton Rotary Charitable and Educational Association Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.9% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.