Family Nurturing Center of Massachusetts Inc

Analysis

Family Nurturing Center of Massachusetts Inc is a registered charity in United States, based in Dorchester, MA. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Family Nurturing Center of Massachusetts Inc reported income of $7.9m and spending of $4.9m, leaving 38% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.6m to $7.9m (+118%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 74%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family Nurturing Center of Massachusetts Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include Neighborgood Partners Inc ($7.9m), Iona Senior Services ($7.9m) and Delta Community Action Foundation Inc ($7.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $145k (2.9% of expenses). Other salaries and wages came to $2.1m. It paid $14k in professional fundraising fees. At year end it held assets of $9.2m against liabilities of $2.3m, net assets of $6.9m. It reported 75 employees.