Braintree Holidays Friends Inc

Analysis

Braintree Holidays Friends Inc is a registered charity in United States, based in Braintree, MA. It received its IRS tax-exemption ruling in March 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Braintree Holidays Friends Inc reported income of $159k and spending of $242k, spending 153% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $205k to $159k (-23%), an average of -6.3% a year. The sharpest change came in the year to June 2021, when income dropped by 57%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Braintree Holidays Friends Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Negotiation Works ($159k), Honduras Educational Development Assistance Corp NFP ($159k) and Pest Relief International Inc ($159k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $20k (8.3% of expenses). Other salaries and wages came to $111k. At year end it held assets of $121k against liabilities of $870, net assets of $120k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.