Medfield Afterschool Program Inc
Analysis
Medfield Afterschool Program Inc is a registered charity in United States, based in Medfield, MA. It received its IRS tax-exemption ruling in May 1990, 36 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, Medfield Afterschool Program Inc reported income of $1.9m and spending of $1.3m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.9m (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2022, when income rose by 36%. 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, Medfield Afterschool Program Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Family Pathfinders of Tarrant County ($1.9m), Jorge Mas Canosa Freedom Foundation Inc ($1.9m) and Immigration Counseling Service Inc ($1.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Other salaries and wages came to $925k. At year end it held assets of $2.1m against liabilities of $144k, net assets of $1.9m. It reported 41 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 84%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Family Pathfinders of Tarrant County | Fort Worth | $1.9m |
| Jorge Mas Canosa Freedom Foundation Inc | Miami | $1.9m |
| Immigration Counseling Service Inc | Portland | $1.9m |
| Houseproud Atlanta Inc | Atlanta | $1.9m |