Underwood After School Program Inc

Analysis

Underwood After School Program Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in February 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Underwood After School Program Inc reported income of $693k and spending of $577k, spending 83% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $629k to $693k (+10%), an average of +2.0% a year. The sharpest change came in the year to June 2022, when income rose by 511%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Underwood After School Program Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Christian Social Service Center ($693k), Infinite Horizons Learning Center Inc ($693k) and Children First Child Care ($693k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $100k (17% of expenses). Other salaries and wages came to $288k. At year end it held assets of $608k against liabilities of $26k, net assets of $582k.