Marthas Vineyard Donors Collaborative Inc

Analysis

Marthas Vineyard Donors Collaborative Inc is a registered charity in United States, based in Edgartown, MA. It received its IRS tax-exemption ruling in July 2003, 23 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 (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, Marthas Vineyard Donors Collaborative Inc reported income of $230k and spending of $166k, leaving 28% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $211k to $230k (+8.9%), an average of +2.9% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Marthas Vineyard Donors Collaborative Inc sits at the 61st percentile: it is larger than about 61% 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 I Herrmann Anesthesia Foundation Inc ($230k), Tali Fund Inc ($230k) and Sertoma Club of Nashville Foundation Inc ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Other salaries and wages came to $85k. At year end it held assets of $277k against liabilities of $0, net assets of $277k. It reported 1 employees.