Hellenic Womens Benevolent Association Inc

Analysis

Hellenic Womens Benevolent Association Inc is a registered charity in United States, based in Canton, MA. It received its IRS tax-exemption ruling in April 1971, 55 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Hellenic Womens Benevolent Association Inc reported income of $14.2m and spending of $14.9m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $14.3m to $14.2m (-1.0%), an average of -0.3% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hellenic Womens Benevolent Association Inc sits at the 86th percentile: it is larger than about 86% 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 Unitypoint Health at Work ($14.1m), Vose River Charitable Fund ($14.2m) and Sunrise Manor ($14.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $17k (0.1% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $10.1m against liabilities of $2.2m, net assets of $7.8m. It reported 134 employees.