Charlestown Mothers Association Inc

Analysis

Charlestown Mothers Association Inc is a registered charity in United States, based in Charlestown, MA. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Charlestown Mothers Association Inc reported income of $77k and spending of $49k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $77k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 74% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Charlestown Mothers Association 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 30th percentile, and in the 38th percentile within MA. Charities of a similar size with the same main cause include Back 2 Basics Ministry ($77k), Lanier Band Booster Association ($77k) and Highland Park Literary Festival Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.