Ayer Community School Inc

Analysis

Ayer Community School Inc is a registered charity in United States, based in Ayer, MA. It received its IRS tax-exemption ruling in April 1975, 51 years ago. 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 December 2022, Ayer Community School Inc reported income of $316k and spending of $305k, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $251k to $316k (+26%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ayer Community School Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Meodh Inc ($316k), Davis Little League ($316k) and Roundup Riders of the Rockies Heritage and Trails Foundation Inc ($316k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 37% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $54k (18% of expenses). Other salaries and wages came to $171k. At year end it held assets of $58k against liabilities of $0, net assets of $58k. It reported 9 employees.