North Shore Workers Community Fund Inc

Analysis

North Shore Workers Community Fund Inc is a registered charity in United States, based in Lynn, MA. It received its IRS tax-exemption ruling in May 2012, 14 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 December 2023, North Shore Workers Community Fund Inc reported income of $734k and spending of $542k, leaving 26% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $319k to $734k (+130%), an average of +32% a year. The sharpest change came in the year to December 2023, 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, North Shore Workers Community Fund Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Tomchei Shabbos of Florida ($734k), Heart of Hope Ministries ($734k) and John Knox Village Foundation ($734k).

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 $68k (12% of expenses). Other salaries and wages came to $352k. At year end it held assets of $391k against liabilities of $0, net assets of $391k. It reported 35 employees.