Iranian Association of Boston Inc

Analysis

Iranian Association of Boston Inc is a registered charity in United States, based in Watertown, MA. It received its IRS tax-exemption ruling in May 1989, 37 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 March 2023, Iranian Association of Boston Inc reported income of $148k and spending of $136k, spending 92% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $160k to $148k (-7.3%), an average of -1.9% a year. The sharpest change came in the year to March 2022, when income rose by 130%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Iranian Association of Boston Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Milford 2nd Street Players Inc ($148k), Bowery Arts & Science Ltd ($148k) and True Worship Ministry Inc ($148k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 29% and program service revenue 65% of the total. At year end it held assets of $941k against liabilities of $239k, net assets of $702k.