Boston Municipal Research Bureau Inc

Analysis

Boston Municipal Research Bureau Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 1986, 40 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Boston Municipal Research Bureau Inc reported income of $644k and spending of $752k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $829k to $644k (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boston Municipal Research Bureau Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Virginia Museum of Natural History Foundation ($644k), Southern State Community College Foundation ($645k) and Welcome Project Inc ($644k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 119% of the total. Compensation of current officers, directors and key employees was $318k (42% of expenses). Other salaries and wages came to $209k. At year end it held assets of $1.5m against liabilities of $90k, net assets of $1.5m. It reported 7 employees.