Ccba Tai Tung Management Inc

Analysis

Ccba Tai Tung Management 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, Ccba Tai Tung Management Inc reported income of $10.1m and spending of $5.8m, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.2m to $10.1m (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 54% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ccba Tai Tung Management Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include Eskaton Village-Roseville ($10.0m), Milton-Fuller Housing Corporation ($10.1m) and Montefiore Housing Corporation ($10.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $48.3m against liabilities of $436k, net assets of $47.8m.