Braintree After School Enrichment Inc B a S E

Analysis

Braintree After School Enrichment Inc B a S E is a registered charity in United States, based in Braintree, MA. It received its IRS tax-exemption ruling in April 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Braintree After School Enrichment Inc B a S E reported income of $3.2m and spending of $2.3m, leaving 28% of income unspent that year. Across the 4 years on record, from July 2020 to July 2023, income grew from $1.9m to $3.2m (+71%), an average of +20% a year. The sharpest change came in the year to July 2022, when income rose by 53%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Braintree After School Enrichment Inc B a S E 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 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include Kellenberg Shepherds Fund Inc ($3.2m), Redwood Coast Montessori ($3.2m) and Purchase College Foundation ($3.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $438k (19% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $5.0m against liabilities of $328k, net assets of $4.7m. It reported 60 employees.