Danvers Management Systems Inc

Analysis

Danvers Management Systems Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in February 1992, 34 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Danvers Management Systems Inc reported income of $12.8m and spending of $13.6m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.6m to $12.8m (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Danvers Management Systems Inc 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 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Family and Child Guidance Centers ($12.8m), Floyd-Polk Healthcare Foundation Inc ($12.8m) and Ollie Steele Burden Manor Inc ($12.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $4.5m. At year end it held assets of $6.2m against liabilities of $15.6m, net assets of -$9.4m. It reported 110 employees.