Tri-Town Council on Youth and Family Services Inc

Analysis

Tri-Town Council on Youth and Family Services Inc is a registered charity in United States, based in Topsfield, MA. It received its IRS tax-exemption ruling in April 1972, 54 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 June 2024, Tri-Town Council on Youth and Family Services Inc reported income of $310k and spending of $317k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $314k to $310k (-1.4%), an average of -0.3% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tri-Town Council on Youth and Family Services Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Northbrook Community Nursery School ($310k), Thom-Boy Project ($310k) and PTA Florida Congress ($310k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $60k (19% of expenses). It paid $1,075 in professional fundraising fees. At year end it held assets of $340k against liabilities of $75k, net assets of $265k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.