Higginson 1908 Foundation Inc

Analysis

Higginson 1908 Foundation Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 2017, 9 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Higginson 1908 Foundation Inc reported income of $193k and spending of $39k, leaving 80% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $173k to $193k (+11%), an average of +11% a year. Over the whole period it spent 16% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Higginson 1908 Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include Basin Arts ($193k), Friends of the City of Raleigh Museum ($193k) and The German School of Atlanta Inc ($193k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $574k against liabilities of $5,000, net assets of $569k.