826 Boston Inc

Analysis

826 Boston Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in May 2007, 19 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 2024, 826 Boston Inc reported income of $2.6m and spending of $3.1m, spending 121% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.7m to $2.6m (+47%), an average of +8.1% a year. The sharpest change came in the year to June 2021, when income rose by 62%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 826 Boston Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Central Christian High School ($2.6m), American Fund for Emmanuel ($2.6m) and Childrens Village Academy ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $57k (1.8% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $1.5m against liabilities of $454k, net assets of $1.1m. It reported 80 employees.