Ward After-School Program Inc

Analysis

Ward After-School Program Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in October 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Ward After-School Program Inc reported income of $739k and spending of $838k, spending 113% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $649k to $739k (+14%), an average of +2.6% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ward After-School Program Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Rio Hondo College Foundation ($739k), Weaver Child Development Center Inc ($739k) and Illini Media Company ($739k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.4% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $145k (17% of expenses). Other salaries and wages came to $376k. At year end it held assets of $610k against liabilities of $189k, net assets of $421k. It reported 22 employees.