Manchaug Pond Foundation Inc

Analysis

Manchaug Pond Foundation Inc is a registered charity in United States, based in Manchaug, MA. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Manchaug Pond Foundation Inc reported income of $138k and spending of $79k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $91k to $138k (+52%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 141%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Manchaug Pond Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Devin Lomax Bolkcom Smith Scholarship Fund ($138k), Community Academy ($138k) and Friends of Amundsen ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 48% of the total. At year end it held assets of $2.4m against liabilities of $3,001, net assets of $2.4m.