Store at Five Corners Stewardship Association Inc

Analysis

Store at Five Corners Stewardship Association Inc is a registered charity in United States, based in Williamstown, MA. It received its IRS tax-exemption ruling in November 2023, 3 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, Store at Five Corners Stewardship Association Inc reported income of $309k and spending of $61k, leaving 80% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $730k to $309k (-58%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 13% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Store at Five Corners Stewardship Association Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Berkeley Community Media ($309k), Artist-Blacksmiths Association of North America Inc ($309k) and Power of Preservation Foundation ($309k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $911k against liabilities of $0, net assets of $911k.