Debtors Anonymous General Service Board Inc

Analysis

Debtors Anonymous General Service Board Inc is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in July 1989, 37 years ago. 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, Debtors Anonymous General Service Board Inc reported income of $281k and spending of $283k, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $253k to $281k (+11%), an average of +3.5% a year. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Debtors Anonymous General Service Board Inc sits at the 59th percentile: it is larger than about 59% 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 National Ski Patrol System Inc ($281k), Crookston Area Seniors Association Inc ($281k) and Association for the Study of Literature and Environment ($281k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $59k (21% of expenses). Other salaries and wages came to $13k. At year end it held assets of $477k against liabilities of $69k, net assets of $408k. It reported 2 employees.