Vanessa T Marcotte Foundation - a Nonprofit Corporation
Analysis
Vanessa T Marcotte Foundation - a Nonprofit Corporation is a registered charity in United States, based in Medfield, MA. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 December 2023, Vanessa T Marcotte Foundation - a Nonprofit Corporation reported income of $305k and spending of $202k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $259k to $305k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 66% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Vanessa T Marcotte Foundation - a Nonprofit Corporation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Logan County Child Advocacy Center Inc ($305k), Servicios Legales Comunitarios Inc ($306k) and Freedom Fund Network Inc ($305k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $667k against liabilities of $8,442, net assets of $658k.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 5.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Logan County Child Advocacy Center Inc | Logan | $305k |
| Servicios Legales Comunitarios Inc | Guaynnabo | $306k |
| Freedom Fund Network Inc | Delray Beach | $305k |
| Gardner Commons Development Corporation | Bangor | $306k |