Sarah Pauline Gonsalves Acc Memorial Fund Inc

Analysis

Sarah Pauline Gonsalves Acc Memorial Fund Inc is a registered charity in United States, based in Ashland, MA. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Sarah Pauline Gonsalves Acc Memorial Fund Inc reported income of $60k and spending of $47k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $100k to $60k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 48% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sarah Pauline Gonsalves Acc Memorial Fund Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 32nd percentile within MA. Charities of a similar size with the same main cause include Indiana Deaf Children Foundation Inc ($60k), Robin S Nest Foundation Inc ($60k) and Altium Cares Foundation ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $189k against liabilities of $0, net assets of $189k.