Benevolent Fraternity of Unitarian Church

Analysis

Benevolent Fraternity of Unitarian Church is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in January 1991, 35 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Benevolent Fraternity of Unitarian Church reported income of $2.2m and spending of $2.2m, spending 104% of its income. Across the 4 years on record, from April 2020 to April 2023, income grew from $1.4m to $2.2m (+57%), an average of +16% a year. The sharpest change came in the year to April 2021, when income rose by 47%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Benevolent Fraternity of Unitarian Church sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($2.2m), Adams Montessori School Inc ($2.2m) and Tpa Network Incorporated ($2.2m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 67% of the total. Compensation of current officers, directors and key employees was $168k (7.5% of expenses). Other salaries and wages came to $872k. At year end it held assets of $18.0m against liabilities of $279k, net assets of $17.7m. It reported 31 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.