Girls Latin School-Boston Latin Academy Association Inc

Analysis

Girls Latin School-Boston Latin Academy Association Inc is a registered charity in United States, based in Norwood, MA. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Girls Latin School-Boston Latin Academy Association Inc reported income of $137k and spending of $190k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $137k (-88%), an average of -41% a year. The sharpest change came in the year to December 2023, when income rose by 115%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Girls Latin School-Boston Latin Academy Association Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Backpack Buddies Seabrook Island ($137k), Northwestern Middle School PTO Inc ($137k) and American Friends of the Childrens Day Nurseries & Childrens Town in ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $1.5m against liabilities of $3,704, net assets of $1.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.