Walkboston Inc

Analysis

Walkboston Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 1990, 36 years ago. Its declared purposes cover unknown, 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, Walkboston Inc reported income of $586k and spending of $629k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $604k to $586k (-2.9%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Walkboston Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Lamoille Community House Inc ($586k), H S C No 4 Housing Developement Fund Company Inc ($586k) and Oasis Institute ($586k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $226k (36% of expenses). Other salaries and wages came to $186k. At year end it held assets of $364k against liabilities of $86k, net assets of $278k. It reported 8 employees.