Bontempo Inc

Analysis

Bontempo Inc is a registered charity in United States, based in Newton Centre, MA. It received its IRS tax-exemption ruling in October 1996, 30 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, Bontempo Inc reported income of $108k and spending of $105k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $86k to $108k (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bontempo Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include New Beginnings Academy Inc ($108k), On Angels Wings ($108k) and Florida Presbyterian Disaster Assistance Network ($108k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $344k against liabilities of $156k, net assets of $187k.