Boston Harbor Now Inc

Analysis

Boston Harbor Now Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 March 2024, Boston Harbor Now Inc reported income of $6.1m and spending of $4.9m, spending 81% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $2.9m to $6.1m (+109%), an average of +16% a year. The sharpest change came in the year to March 2020, when income rose by 39%. Over the whole period it spent 91% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Boston Harbor Now 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 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Fire Safe Council of Nevada County Inc a Public Benefit Corporation ($6.1m), Lifewater Inc ($6.1m) and Yayasan Keanekaragaman Hayati Indonesia ($6.0m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 99% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $302k (6.1% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $4.9m against liabilities of $310k, net assets of $4.6m. It reported 24 employees.