Revere Beach Partnership Inc

Analysis

Revere Beach Partnership Inc is a registered charity in United States, based in Revere, MA. It received its IRS tax-exemption ruling in May 2003, 23 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, Revere Beach Partnership Inc reported income of $812k and spending of $705k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $685k to $812k (+19%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 715%. 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, Revere Beach Partnership 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 77th percentile within MA. Charities of a similar size with the same main cause include Bedford Stuyvesant Gateway District Management Association Inc ($812k), Crossover Scholarship Fund Inc ($813k) and Teach Not Punish Family Resource Center Inc ($812k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $367k against liabilities of $0, net assets of $367k.