McAuley Nazareth Inc

Analysis

McAuley Nazareth Inc is a registered charity in United States, based in Leicester, MA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, McAuley Nazareth Inc reported income of $4.3m and spending of $4.8m, spending 112% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.6m to $4.3m (+18%), an average of +3.4% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, McAuley Nazareth Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Bernal Heights Neighborhood Center ($4.3m), Westside Baby ($4.3m) and Stater Bros Charities ($4.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $216k (4.5% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $6.5m against liabilities of $1.2m, net assets of $5.3m. It reported 90 employees.