Community Service of Newburyport Inc

Analysis

Community Service of Newburyport Inc is a registered charity in United States, based in Newburyport, MA. It received its IRS tax-exemption ruling in May 1942, 84 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 September 2023, Community Service of Newburyport Inc reported income of $219k and spending of $253k, spending 115% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $206k to $219k (+6.5%), an average of +1.6% a year. The sharpest change came in the year to September 2022, when income rose by 51%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Service of Newburyport Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Society of St Vincent de Paul Our Lady of the Valley Council ($219k), Molly Bears ($220k) and Upcounty Community Resources Inc ($219k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $80k. At year end it held assets of $802k against liabilities of $169, net assets of $801k. It reported 2 employees.