Executive Service Corps of New England Inc

Analysis

Executive Service Corps of New England Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 1987, 39 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 September 2023, Executive Service Corps of New England Inc reported income of $661k and spending of $822k, spending 124% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $681k to $661k (-3.0%), an average of -0.7% a year. The sharpest change came in the year to September 2023, when income rose by 30%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Executive Service Corps of New England 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 Century School Inc ($661k), 365 Connect Inc ($661k) and Fenner Conservancy ($661k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $152k (18% of expenses). Other salaries and wages came to $285k. It paid $4,406 in professional fundraising fees. At year end it held assets of $2.1m against liabilities of $317k, net assets of $1.8m. It reported 10 employees.