Business Professionals of America Massachusetts Association Inc

Analysis

Business Professionals of America Massachusetts Association Inc is a registered charity in United States, based in Charlton, MA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. 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 June 2024, Business Professionals of America Massachusetts Association Inc reported income of $210k and spending of $198k, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $144k to $210k (+46%), an average of +46% a year. The sharpest change came in the year to June 2024, when income rose by 46%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Business Professionals of America Massachusetts Association Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Leading for Change Inc ($210k), The Thomas Jefferson Institute for Public Policy ($210k) and Trout Unlimited ($210k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $22k (11% of expenses). At year end it held assets of $111k against liabilities of $22k, net assets of $89k.