Boston Childrens School Inc

Analysis

Boston Childrens School Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 1967, 59 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Boston Childrens School Inc reported income of $484k and spending of $560k, spending 116% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $695k to $484k (-30%), an average of -8.7% a year. The sharpest change came in the year to June 2022, when income rose by 382%. Over the whole period it spent 142% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Boston Childrens School Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include South Harper Montessori School Inc ($484k), Dent Education Inc ($484k) and Communities in Schools of Cumberland County ($484k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.9% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $247k (44% of expenses). Other salaries and wages came to $66k. At year end it held assets of $2.0m against liabilities of $181k, net assets of $1.8m. It reported 5 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.