South Shore Support Services Inc

Analysis

South Shore Support Services Inc is a registered charity in United States, based in Weymouth, MA. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, South Shore Support Services Inc reported income of $22.9m and spending of $20.6m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.5m to $22.9m (+140%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, South Shore Support Services Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Feeding Illinois ($22.9m), Lena Pope Home Inc ($22.9m) and Area Agency on Aging of Southeast Arkansas Inc ($22.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $84k (0.4% of expenses). Other salaries and wages came to $12.0m. At year end it held assets of $5.9m against liabilities of $1.7m, net assets of $4.2m. It reported 124 employees.