Boyertown Area Multi-Service Inc

Analysis

Boyertown Area Multi-Service Inc is a registered charity in United States, based in Boyertown, PA. It received its IRS tax-exemption ruling in February 1981, 45 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 December 2023, Boyertown Area Multi-Service Inc reported income of $2.0m and spending of $2.6m, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.0m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2020, when income rose by 99%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boyertown Area Multi-Service Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Rod & Staff Publishers Inc ($2.0m), Maharishi Purusha Program ($2.0m) and Postsecondary National Policy Institute ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $98k (3.8% of expenses). Other salaries and wages came to $850k. At year end it held assets of $3.1m against liabilities of $84k, net assets of $3.0m. It reported 29 employees.