John Bertram House of Swampscott Inc

Analysis

John Bertram House of Swampscott Inc is a registered charity in United States, based in Swampscott, MA. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, John Bertram House of Swampscott Inc reported income of $5.2m and spending of $5.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $5.2m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, John Bertram House of Swampscott Inc sits at the 91st percentile: it is larger than about 91% 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 Chapel Oaks Inc ($5.2m), Todco Ybc 3 ($5.2m) and Sommerset Neighborhood Incorporated ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $259k (5.1% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $5.7m against liabilities of $4.6m, net assets of $1.1m. It reported 89 employees.