Delphi Academy of Boston Inc

Analysis

Delphi Academy of Boston Inc is a registered charity in United States, based in Milton, MA. It received its IRS tax-exemption ruling in December 1982, 44 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 December 2023, Delphi Academy of Boston Inc reported income of $2.1m and spending of $1.6m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.1m (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Delphi Academy of Boston Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Kura Labs Inc ($2.1m), Dekalb County Parent Group for Handicapped Children Inc ($2.1m) and Propel Schools Foundation ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $196k (12% of expenses). Other salaries and wages came to $780k. At year end it held assets of $3.6m against liabilities of $352k, net assets of $3.2m. It reported 33 employees.