Bourne Management Systems Inc

Analysis

Bourne Management Systems Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Bourne Management Systems Inc reported income of $14.4m and spending of $15.7m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.7m to $14.4m (+5.1%), an average of +1.2% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bourne Management Systems Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Presbyterian Home for Central New York Inc ($14.4m), Adult & Teen Challenge Northeast Inc ($14.5m) and Mental Health Providers of Western Queens Inc ($14.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $4.2m. At year end it held assets of $17.9m against liabilities of $24.7m, net assets of -$6.8m. It reported 127 employees.