Shrewsbury Street Columbus Day Parade Inc

Analysis

Shrewsbury Street Columbus Day Parade Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Shrewsbury Street Columbus Day Parade Inc reported income of $98k and spending of $90k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $98k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shrewsbury Street Columbus Day Parade Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include North Fork TV Festival Inc ($98k), Sandy Spring Slave Museum and African Art Gallery Inc ($98k) and The Lubbock Chorale ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.