Medford Community Center Inc

Analysis

Medford Community Center Inc is a registered charity in United States, based in East Boston, MA. It received its IRS tax-exemption ruling in March 1960, 66 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Medford Community Center Inc reported income of $863k and spending of $590k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $828k to $863k (+4.3%), an average of +1.0% a year. Over the whole period it spent 67% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Medford Community Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Windmill Housing Development Fund Company Inc ($863k), Community Housing Assistance Program ($864k) and Scott County Hospitality House Inc ($863k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $58k. At year end it held assets of $2.8m against liabilities of $79k, net assets of $2.7m.