Minuteman Senior Services Inc

Analysis

Minuteman Senior Services Inc is a registered charity in United States, based in Burlington, MA. It received its IRS tax-exemption ruling in December 1975, 51 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, Minuteman Senior Services Inc reported income of $36.9m and spending of $37.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $26.0m to $36.9m (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Minuteman Senior 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 98th percentile within MA. Charities of a similar size with the same main cause include Presbyterian Home at Charlotte Inc ($36.9m), Neighborhood House Incorporated ($36.9m) and Avivo ($36.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $291k (0.8% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $14.1m against liabilities of $11.7m, net assets of $2.5m. It reported 140 employees.