Dudley Street Neighborhood Initiative Inc

Analysis

Dudley Street Neighborhood Initiative Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in December 1986, 40 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Dudley Street Neighborhood Initiative Inc reported income of $3.3m and spending of $1.0m, leaving 69% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $3.3m (+200%), an average of +32% a year. The sharpest change came in the year to June 2023, when income rose by 98%. Over the whole period it spent 56% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Dudley Street Neighborhood Initiative Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Oregon Tradeswomen Inc ($3.3m), 770 Moshiach Community Center Inc ($3.3m) and Region III Workforce Investment Board of Kanawha County ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $100k (9.7% of expenses). Other salaries and wages came to $353k. At year end it held assets of $4.5m against liabilities of $633k, net assets of $3.9m. It reported 11 employees.