Grant Manor Homeowners Association Inc

Analysis

Grant Manor Homeowners Association Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Grant Manor Homeowners Association Inc reported income of $144k and spending of $133k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $81k to $144k (+78%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 139%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Grant Manor Homeowners Association Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include Ebsv Community Development ($144k), Asi Jackson County Inc ($144k) and Unlimited Potential NFP Inc ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $101k (76% of expenses). At year end it held assets of $21.9m against liabilities of $30k, net assets of $21.8m.