Brockton Area Multi-Services Inc

Analysis

Brockton Area Multi-Services Inc is a registered charity in United States, based in Brockton, MA. It received its IRS tax-exemption ruling in May 1976, 50 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, Brockton Area Multi-Services Inc reported income of $111.6m and spending of $109.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $94.7m to $111.6m (+18%), an average of +4.2% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brockton Area Multi-Services Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Community Connections for Children Inc ($111.4m), The Young Mens Christian Association of the Triangle Area I ($111.7m) and United Church Homes Inc ($111.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $2.1m (1.9% of expenses). At year end it held assets of $76.8m against liabilities of $48.6m, net assets of $28.2m. It reported 1,864 employees.