Cabot After School Inc

Analysis

Cabot After School Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in August 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2024, Cabot After School Inc reported income of $1.4m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $723k to $1.4m (+87%), an average of +17% a year. The sharpest change came in the year to July 2022, when income rose by 88%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cabot After School Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Emmett Till Interpretive Center ($1.4m), Visiting Homemaker Service of Monongalia County Inc ($1.4m) and Elizabeth Gregory Home ($1.4m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 8.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $202k (16% of expenses). Other salaries and wages came to $606k. At year end it held assets of $1.1m against liabilities of $21k, net assets of $1.1m. It reported 52 employees.