Williams After School Club Inc

Analysis

Williams After School Club Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Williams After School Club Inc reported income of $466k and spending of $342k, leaving 26% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $334k to $466k (+40%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Williams After School Club Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Worcester County G O L D Inc ($465k), Hope-Net ($466k) and Lake Pointe Resource Center Inc ($465k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $109k (32% of expenses). Other salaries and wages came to $125k. At year end it held assets of $231k against liabilities of $126, net assets of $231k.