Elizabeth Peabody House Association

Analysis

Elizabeth Peabody House Association is a registered charity in United States, based in Somerville, MA. It received its IRS tax-exemption ruling in January 1939, 87 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, Elizabeth Peabody House Association reported income of $1.7m and spending of $1.8m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.7m (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elizabeth Peabody House Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Inglewood Residential and Community Services ($1.7m), Project Woman of Springfield and Clark County ($1.7m) and Emerald Isle Immigration Center Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $133k (7.4% of expenses). Other salaries and wages came to $696k. At year end it held assets of $2.8m against liabilities of $237k, net assets of $2.5m. It reported 28 employees.