Technical Assistance Collaborative Inc

Analysis

Technical Assistance Collaborative Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 1992, 34 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 June 2023, Technical Assistance Collaborative Inc reported income of $12.9m and spending of $13.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.1m to $12.9m (+59%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Technical Assistance Collaborative Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Community Health Action of Staten Island Inc ($12.9m), Bethany Home Inc ($13.0m) and Chrysalis Center Inc ($12.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $1.2m (9.2% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $9.7m against liabilities of $4.2m, net assets of $5.5m. It reported 46 employees.