Bostons Community Medical Group Inc

Analysis

Bostons Community Medical Group Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bostons Community Medical Group Inc reported income of $10.9m and spending of $10.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.8m to $10.9m (+1.5%), an average of +0.4% a year. The sharpest change came in the year to December 2020, when income rose by 166%. 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, Bostons Community Medical Group Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include South Carolina State Office of Rural Health Inc ($10.9m), Versiti Blood Research Institute Foundation Inc ($10.9m) and Willows Health Center ($10.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $6.7m. At year end it held assets of $64.0m against liabilities of $71.6m, net assets of -$7.6m.