Natick Service Council Inc

Analysis

Natick Service Council Inc is a registered charity in United States, based in Natick, MA. It received its IRS tax-exemption ruling in January 1970, 56 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Natick Service Council Inc reported income of $2.7m and spending of $1.8m, leaving 33% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $1.1m to $2.7m (+132%), an average of +32% a year. The sharpest change came in the year to March 2021, when income rose by 124%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Natick Service Council Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Genesee Gateway Local Development Corporation ($2.7m), Anna Community Development Corporation ($2.7m) and Jones Valley Urban Farm ($2.7m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $525k. It paid $72k in professional fundraising fees. At year end it held assets of $4.8m against liabilities of $488k, net assets of $4.3m. It reported 13 employees.