Camfield Tenants Association Inc

Analysis

Camfield Tenants Association Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 1997, 29 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, Camfield Tenants Association Inc reported income of $4.7m and spending of $3.8m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $4.7m (+156%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 170%. Over the whole period it spent 51% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Camfield Tenants Association Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Turnstone Development Corporation ($4.7m), New Hope Housing Inc ($4.7m) and Central Illinois Friends of Pwa Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 95% of the total. Other salaries and wages came to $642k. At year end it held assets of $13.4m against liabilities of $2.2m, net assets of $11.3m. It reported 3 employees.