South Middlesex Opportunity Council Inc

Analysis

South Middlesex Opportunity Council Inc is a registered charity in United States, based in Framingham, MA. It received its IRS tax-exemption ruling in August 1966, 60 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 June 2023, South Middlesex Opportunity Council Inc reported income of $149.1m and spending of $147.8m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $92.8m to $149.1m (+61%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, South Middlesex Opportunity Council Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Willow Valley Communities ($149.0m), Women in Need Inc ($149.3m) and Heritage Christian Services Inc ($147.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1.5m (1.0% of expenses). Other salaries and wages came to $27.3m. At year end it held assets of $65.7m against liabilities of $34.1m, net assets of $31.6m. It reported 932 employees.