Larry S Rosen Memorial Foundation Inc

Analysis

Larry S Rosen Memorial Foundation Inc is a registered charity in United States, based in Wayland, MA. It received its IRS tax-exemption ruling in May 2022, 4 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, Larry S Rosen Memorial Foundation Inc reported income of $234k and spending of $94k, leaving 60% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $312k to $234k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Larry S Rosen Memorial Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Riverview High School Band Boosters ($234k), Norwood Cooperative Nursery School Inc ($234k) and Eagle Touchdown Club Inc ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 116% of the total. At year end it held assets of $343k against liabilities of $0, net assets of $343k.