Cuttyhunk Steam Academy Inc

Analysis

Cuttyhunk Steam Academy Inc is a registered charity in United States, based in Hanson, MA. It received its IRS tax-exemption ruling in December 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 (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, Cuttyhunk Steam Academy Inc reported income of $70k and spending of $81k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $70k (+0.7%), an average of +0.7% a year. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cuttyhunk Steam Academy Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 36th percentile within MA. Charities of a similar size with the same main cause include East Eagles Endowment Fund Inc ($70k), Mark Twain Ptsa ($70k) and BTWHS Music Guild Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 17% of the total. At year end it held assets of $28k against liabilities of $3,165, net assets of $25k.