Weston Memorial Fund

Analysis

Weston Memorial Fund is a registered charity in United States, based in East Sandwich, MA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Weston Memorial Fund reported income of $92k and spending of $51k, leaving 44% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $327k to $92k (-72%), an average of -34% a year. The sharpest change came in the year to December 2022, when income dropped by 74%. Over the whole period it spent 13% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Weston Memorial Fund sits at the 37th percentile: it is larger than about 37% 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 Alaska Engineering Education Foundation ($92k), Larue County Band Boosters Inc ($92k) and Re Thalberg Elementary School Parent Teacher Organization ($92k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 24% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.