Strawberry Lane Foundation Inc

Analysis

Strawberry Lane Foundation Inc is a registered charity in United States, based in Yarmouth Port, MA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Strawberry Lane Foundation Inc reported income of $315k and spending of $226k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $252k to $315k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Strawberry Lane Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Theatre Dybbuk ($315k), Whittier Historical Society ($315k) and Cazateatro Bilingualtheater Group ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 24% of the total. Other salaries and wages came to $95k. At year end it held assets of $1.1m against liabilities of $10k, net assets of $1.1m. It reported 3 employees.