Community Training and Assistance Center Inc

Analysis

Community Training and Assistance Center Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 1980, 46 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2021, Community Training and Assistance Center Inc reported income of $2.7m and spending of $2.7m, spending 100% of its income. Across the 3 years on record, from June 2019 to June 2021, income grew from $1.9m to $2.7m (+45%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Training and Assistance Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Literacy Mid South Inc ($2.7m), Kino Border Initiative Inc ($2.7m) and Delaware Special Olympics Inc ($2.7m).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $463k (17% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $3.1m against liabilities of $1.3m, net assets of $1.8m. It reported 20 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.