Transportation Childrens Center Inc

Analysis

Transportation Childrens Center Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Transportation Childrens Center Inc reported income of $2.2m and spending of $2.0m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.2m (+33%), an average of +7.5% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Transportation Childrens Center 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 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include React DC Inc ($2.2m), North Hawaii Hospice Inc ($2.2m) and Recovery Road Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $283k (14% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.2m against liabilities of $192k, net assets of $2.0m. It reported 47 employees.