Greater Boston Legal Services Inc

Analysis

Greater Boston Legal Services Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 1933, 93 years ago. 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 June 2024, Greater Boston Legal Services Inc reported income of $33.2m and spending of $25.5m, leaving 23% of income unspent that year. Across the 6 years on record, from December 2019 to June 2024, income grew from $19.6m to $33.2m (+70%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 166%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Boston Legal Services Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Athenian School ($33.2m), Glenwood Inc ($33.3m) and Archdiocese of Los Angeles Funeral and Mortuary Services Corporation ($33.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $463k (1.8% of expenses). Other salaries and wages came to $14.7m. At year end it held assets of $54.9m against liabilities of $3.4m, net assets of $51.5m. It reported 234 employees.