Central Massachusetts Area

Analysis

Central Massachusetts Area is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Central Massachusetts Area reported income of $2.7m and spending of $2.2m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.7m (+107%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Central Massachusetts Area sits at the 86th percentile: it is larger than about 86% 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 World Farmers Inc ($2.7m), Volunteers in Service to the Elderly Inc ($2.7m) and Umbrella of St Johnsbury Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $155k (7.1% of expenses). Other salaries and wages came to $712k. At year end it held assets of $3.2m against liabilities of $828k, net assets of $2.4m. It reported 15 employees.