Bay State Community Services Inc

Analysis

Bay State Community Services Inc is a registered charity in United States, based in Quincy, MA. It received its IRS tax-exemption ruling in February 1974, 52 years ago. 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, Bay State Community Services Inc reported income of $29.5m and spending of $28.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.8m to $29.5m (+49%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bay State Community Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Key Human Services Inc ($29.5m), B Lab Company ($29.6m) and Hawthorne Foundation Inc ($29.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $812k (2.8% of expenses). Other salaries and wages came to $19.8m. At year end it held assets of $19.1m against liabilities of $12.5m, net assets of $6.6m. It reported 493 employees.