Colin Michael Cronin Foundation

Analysis

Colin Michael Cronin Foundation is a registered charity in United States, based in North Andover, MA. It received its IRS tax-exemption ruling in September 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Colin Michael Cronin Foundation reported income of $53k and spending of $68k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $83k to $53k (-36%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colin Michael Cronin Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Woodside PTA Everett Council 7 3 57 ($53k), Our Lady of Guadalupe Alumni Association ($53k) and Gujarati Samaj of Northwest LA ($53k).

At year end it held assets of $120k against liabilities of $0, net assets of $120k.