South Boston Neighborhood House Inc

Analysis

South Boston Neighborhood House Inc is a registered charity in United States, based in South Boston, MA. It received its IRS tax-exemption ruling in February 1959, 67 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 2024, South Boston Neighborhood House Inc reported income of $3.5m and spending of $3.5m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.2m to $3.5m (+58%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, South Boston Neighborhood House Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Aging Projects Inc ($3.5m), Missouri Child Care Resource and Referral Network ($3.5m) and All Peoples Community Center ($3.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $254k (7.2% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $3.2m against liabilities of $337k, net assets of $2.8m. It reported 96 employees.