Sidey Fund Inc

Analysis

Sidey Fund Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 2023, 3 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2024, Sidey Fund Inc reported income of $126k and spending of $104k, spending 82% of its income. Across the 2 years on record, from June 2023 to December 2024, income grew from $75k to $126k (+69%), an average of +69% a year. The sharpest change came in the year to December 2024, when income rose by 69%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sidey Fund Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Yeshuos Yaakov Inc ($126k), Hector Firemans Relief Association ($126k) and Indian Christian Orthodox Network Charities Inc ($126k).

On its Form 990-EZ for the period ending December 2024, revenue came from contributions and grants 6.8% of the total. At year end it held assets of $88k against liabilities of $3,850, net assets of $84k.