Dedham Community Association Inc

Analysis

Dedham Community Association Inc is a registered charity in United States, based in Dedham, MA. It received its IRS tax-exemption ruling in January 1952, 74 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Dedham Community Association Inc reported income of $2.8m and spending of $2.5m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.8m (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 182%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dedham Community Association Inc 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 89th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include City Hope San Francisco ($2.8m), Any Baby Can of San Antonio Inc ($2.8m) and DC Affordable Law Firm ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $158k (6.4% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $3.4m against liabilities of $384k, net assets of $3.1m. It reported 96 employees.