Immigrant City Archives Inc

Analysis

Immigrant City Archives Inc is a registered charity in United States, based in Lawrence, MA. It received its IRS tax-exemption ruling in November 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. 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 April 2024, Immigrant City Archives Inc reported income of $468k and spending of $382k, spending 82% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $203k to $468k (+130%), an average of +23% a year. The sharpest change came in the year to April 2021, when income rose by 78%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Immigrant City Archives Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Lindbergh Schools Foundation ($468k), St Richards Episcopal School Foundation Inc ($468k) and Southwestern Pharmacy Alumni Foundation Inc ($468k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 79% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $84k (22% of expenses). Other salaries and wages came to $57k. It paid $6,000 in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $6,996, net assets of $1.1m. It reported 5 employees.