Otis Preservation Trust Inc

Analysis

Otis Preservation Trust Inc is a registered charity in United States, based in Otis, MA. It received its IRS tax-exemption ruling in September 2022, 4 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 June 2023, Otis Preservation Trust Inc reported income of $100k and spending of $95k, spending 95% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $86k to $100k (+16%), an average of +7.7% a year. The sharpest change came in the year to June 2022, when income rose by 172%. Over the whole period it spent 38% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Otis Preservation Trust Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 44th percentile within MA. Charities of a similar size with the same main cause include National Christian Charitable Foundation Inc ($100k), Sheridan Community Education Foundation Inc ($100k) and San Antonio Assn of Hispanic Journalists ($100k).

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 $269k against liabilities of $0, net assets of $269k.