Boston Public Housing Corporation

Analysis

Boston Public Housing Corporation is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Boston Public Housing Corporation reported income of $281k and spending of $196k, leaving 30% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $90k to $281k (+213%), an average of +33% a year. The sharpest change came in the year to March 2021, when income rose by 682%. Over the whole period it spent 50% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Boston Public Housing Corporation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include 1850 N Croskey Developmentcorporation ($281k), Hermandad Los Angeles Economic & Community Development Corporation ($281k) and Hosts for Hospitals ($281k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $3,240. At year end it held assets of $6.6m against liabilities of $7,053, net assets of $6.6m.