Boston Township Hall Committee Inc

Analysis

Boston Township Hall Committee Inc is a registered charity in United States, based in Peninsula, OH. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Boston Township Hall Committee Inc reported income of $123k and spending of $93k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $77k to $123k (+59%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 122% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Boston Township Hall Committee Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include City Centro Inc ($123k), F F O Inc ($123k) and Dundy County Community Foudnation ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $2,625 (2.8% of expenses). At year end it held assets of $397k against liabilities of $3,446, net assets of $393k. It reported 1 employees.