Old Colony Revitalization Corporation

Analysis

Old Colony Revitalization Corporation is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Old Colony Revitalization Corporation reported income of $185k and spending of $9,468, leaving 95% of income unspent that year. The sharpest change came in the year to March 2023, when income rose by 1299%. Over the whole period it spent 5.5% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Old Colony Revitalization Corporation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Sacramento Community Land Trust Inc ($185k), New Demensions Corporation ($185k) and Con-Ed Resource and Development Services Inc ($185k).

At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m.