Beacon Hill Civic Association Inc

Analysis

Beacon Hill Civic Association Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Beacon Hill Civic Association Inc reported income of $295k and spending of $263k, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $339k to $295k (-13%), an average of -4.6% a year. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Beacon Hill Civic Association Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include American Society of Heating Refrigerating & A-C Engineers ($295k), Power of Love Foundation ($295k) and Womans Club of Stuart Inc ($295k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $130k. At year end it held assets of $1.6m against liabilities of $12k, net assets of $1.6m. It reported 3 employees.