Roxbury Tenants of Harvard Association Inc

Analysis

Roxbury Tenants of Harvard Association Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in January 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Roxbury Tenants of Harvard Association Inc reported income of $9.8m and spending of $8.8m, spending 90% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $20.5m to $9.8m (-52%), an average of -14% a year. The sharpest change came in the year to December 2019, when income dropped by 51%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Roxbury Tenants of Harvard Association Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include Alternatives to Hunger ($9.8m), Sacramento Loaves and Fishes ($9.8m) and Community Living Connections Inc ($9.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $281k (3.2% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $107.6m against liabilities of $986k, net assets of $106.6m. It reported 79 employees.