Danvers Alarm List Company Inc

Analysis

Danvers Alarm List Company Inc is a registered charity in United States, based in Danvers, MA. It received its IRS tax-exemption ruling in June 1976, 50 years ago. 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 June 2024, Danvers Alarm List Company Inc reported income of $92k and spending of $63k, leaving 32% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $45k to $92k (+106%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 142%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Danvers Alarm List Company Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include Little League Baseball Inc ($92k), American Society of Civil Engineers ($92k) and American Youth Football Inc ($92k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.3% and program service revenue 44% of the total. At year end it held assets of $410k against liabilities of $0, net assets of $410k.