Amesbury Gardens Tenants Association Inc

Analysis

Amesbury Gardens Tenants Association Inc is a registered charity in United States, based in Lawrence, MA. It received its IRS tax-exemption ruling in October 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Amesbury Gardens Tenants Association Inc reported income of $1.9m and spending of $1.8m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.7m to $1.9m (+13%), an average of +3.2% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Amesbury Gardens Tenants Association Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Metropolitan Milwaukee Fair Housing Council Inc ($1.9m), Ecoworks ($1.9m) and Housing Resources Bainbridge ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $4.8m against liabilities of $196k, net assets of $4.6m.