Zervas After School Program Inc

Analysis

Zervas After School Program Inc is a registered charity in United States, based in Waban, MA. It received its IRS tax-exemption ruling in April 1983, 43 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Zervas After School Program Inc reported income of $971k and spending of $696k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $571k to $971k (+70%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 126%. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Zervas After School Program Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Tom Browning Boys and Girls Club ($970k), Boys and Girls Club of Siouxland Inc ($971k) and Clatsop Animal Assistance ($970k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $171k (25% of expenses). Other salaries and wages came to $182k. At year end it held assets of $1.0m against liabilities of $39k, net assets of $1.0m.