Friends of the Rafael Hernandez School Inc

Analysis

Friends of the Rafael Hernandez School Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in April 2001, 25 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, Friends of the Rafael Hernandez School Inc reported income of $794k and spending of $967k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $364k to $794k (+118%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Rafael Hernandez School Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Smithville Workforce Training Center ($794k), Sonoma Valley Mentoring Alliance Inc ($794k) and Handprints Early Education Centers Inc ($793k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 20% of the total. Other salaries and wages came to $430k. At year end it held assets of $650k against liabilities of $3,724, net assets of $646k. It reported 44 employees.