Weymouth Educational Telecommunicators Corporation Inc

Analysis

Weymouth Educational Telecommunicators Corporation Inc is a registered charity in United States, based in East Weymouth, MA. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Weymouth Educational Telecommunicators Corporation Inc reported income of $956k and spending of $877k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $964k to $956k (-0.8%), an average of -0.3% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Weymouth Educational Telecommunicators Corporation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Endow ($955k), Extreme Tech Challenge ($956k) and Sierra Arts Foundation ($955k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. Other salaries and wages came to $316k. At year end it held assets of $1.5m against liabilities of $148k, net assets of $1.3m. It reported 7 employees.