Quincy After School Child Care Inc

Analysis

Quincy After School Child Care Inc is a registered charity in United States, based in Wollaston, MA. It received its IRS tax-exemption ruling in April 1993, 33 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, Quincy After School Child Care Inc reported income of $3.4m and spending of $2.8m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $3.4m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Quincy After School Child Care Inc sits at the 88th percentile: it is larger than about 88% 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 Rose Family Creative Empowerment Center Inc ($3.4m), Farms Work Wonders Corporation ($3.4m) and The Dalmatian Dreams Foundation ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $194k (6.9% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $3.2m against liabilities of $180k, net assets of $3.0m. It reported 96 employees.