Educational Residential Program Inc

Analysis

Educational Residential Program Inc is a registered charity in United States, based in Westwood, MA. It received its IRS tax-exemption ruling in February 1984, 42 years ago. 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 2023, Educational Residential Program Inc reported income of $285k and spending of $271k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $252k to $285k (+13%), an average of +3.1% a year. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Educational Residential Program Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Deutsche Samstagsschule Houston Inc ($285k), North River Arts Society Inc ($285k) and South Range Schools Foundation ($285k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $728k against liabilities of $327k, net assets of $401k.