The Boston Consortium for Higher Education Inc

Analysis

The Boston Consortium for Higher Education Inc is a registered charity in United States, based in Auburndale, MA. It received its IRS tax-exemption ruling in February 1999, 27 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 June 2023, The Boston Consortium for Higher Education Inc reported income of $2.8m and spending of $2.9m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $2.8m (+4.8%), an average of +1.2% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Boston Consortium for Higher Education 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 89th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Foundation for Hearing Research Inc ($2.8m), Grantmakers for Education ($2.8m) and Montbello Organizing Committee ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $637k (22% of expenses). Other salaries and wages came to $658k. At year end it held assets of $2.1m against liabilities of $499k, net assets of $1.6m. It reported 11 employees.