Timber Framers Guild Inc

Analysis

Timber Framers Guild Inc is a registered charity in United States, based in Alstead, NH. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 March 2023, Timber Framers Guild Inc reported income of $1.0m and spending of $927k, spending 90% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $924k to $1.0m (+11%), an average of +3.6% a year. The sharpest change came in the year to March 2023, when income rose by 65%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Timber Framers Guild Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within NH. Charities of a similar size with the same main cause include Commute Options for Central Oregon ($1.0m), Nonprofit Risk Management Center ($1.0m) and Womens Collective ($1.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 70% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $153k (17% of expenses). Other salaries and wages came to $151k. At year end it held assets of $650k against liabilities of $174k, net assets of $476k. It reported 7 employees.