Boston Architectural College

Analysis

Boston Architectural College is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in August 1935, 91 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Boston Architectural College reported income of $19.6m and spending of $22.3m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.1m to $19.6m (+7.9%), an average of +1.9% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boston Architectural College sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Village at Marymount ($19.5m), Sal Family and Community Services ($19.6m) and Berkshire Community Action Council Inc ($19.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.2% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.1m (5.1% of expenses). Other salaries and wages came to $9.4m. At year end it held assets of $37.8m against liabilities of $21.3m, net assets of $16.5m. It reported 500 employees.