Immigrants Assistance Center Inc

Analysis

Immigrants Assistance Center Inc is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in April 1974, 52 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, Immigrants Assistance Center Inc reported income of $999k and spending of $993k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $779k to $999k (+28%), an average of +8.6% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Immigrants Assistance Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Allens Womens Resource Center Inc ($999k), Bright Start Child Care Ministry ($1000k) and West Virginia Child Abuse Network Inc ($999k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $114k (12% of expenses). Other salaries and wages came to $506k. At year end it held assets of $453k against liabilities of $96k, net assets of $357k. It reported 16 employees.