Boston After School & Beyond Inc

Analysis

Boston After School & Beyond Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 2005, 21 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 June 2023, Boston After School & Beyond Inc reported income of $6.2m and spending of $6.6m, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.6m to $6.2m (+70%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 113%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Boston After School & Beyond Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include East River Child Development Center ($6.2m), Leadership Preparatory Inc ($6.2m) and Sejong Academy ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $273k (4.2% of expenses). Other salaries and wages came to $670k. At year end it held assets of $4.8m against liabilities of $819k, net assets of $4.0m. It reported 15 employees.