Mattapan Greater Boston Technology Learning Center Inc

Analysis

Mattapan Greater Boston Technology Learning Center Inc is a registered charity in United States, based in Mattapan, MA. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Mattapan Greater Boston Technology Learning Center Inc reported income of $438k and spending of $506k, spending 116% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $435k to $438k (+0.6%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income dropped by 46%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mattapan Greater Boston Technology Learning Center Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Etiwanda High School Bands and Color Guard Booster Club ($437k), Sheltering Tree Ranch ($438k) and Kosciusko Chamber of Commerce Foundation Inc ($437k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $88k (17% of expenses). Other salaries and wages came to $88k. At year end it held assets of $550k against liabilities of $80k, net assets of $470k.

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.