Bowen After School Care Program Inc

Analysis

Bowen After School Care Program Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in June 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bowen After School Care Program Inc reported income of $796k and spending of $618k, leaving 22% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $767k to $796k (+3.8%), an average of +1.3% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bowen After School Care Program Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Poppa Inc ($796k), Great Neck Senior Citizens Center Inc ($796k) and Good Neighbors Club of Del Paso Heights ($796k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $112k (18% of expenses). Other salaries and wages came to $324k. At year end it held assets of $757k against liabilities of $74k, net assets of $683k. It reported 19 employees.