Wellesley Turkey Trot Foundation Inc

Analysis

Wellesley Turkey Trot Foundation Inc is a registered charity in United States, based in Wellesley, MA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover public and societal benefit, 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, Wellesley Turkey Trot Foundation Inc reported income of $114k and spending of $104k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $114k (+8.9%), an average of +8.9% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wellesley Turkey Trot Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include Elfreths Alley Association Inc ($114k), Humane Society of Pasco County ($114k) and Peterson Spouses Club Charitable Organization ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.