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Found in Translation Inc

RegisteredEIN 45-3302596Dorchester, MAEducation and training
Income$1.1m2023-08
Spending$1.5msame year
Spent / received79%5-year average
Size in its cause76th pctEducation and training
Exempt since2012Publicly supported organisat
Employees63latest return

Analysis

Found in Translation Inc is a registered charity in United States, based in Dorchester, MA. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Found in Translation Inc reported income of $1.1m and spending of $1.5m, spending 136% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $863k to $1.1m (+25%), an average of +5.8% a year. The sharpest change came in the year to August 2021, when income rose by 112%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Found in Translation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Inman Park Cooperative Preschool Inc ($1.1m), Wongu University of Oriental Medicine ($1.1m) and Meto Inc ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 91% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $187k (13% of expenses). Other salaries and wages came to $777k. At year end it held assets of $1.4m against liabilities of $203k, net assets of $1.2m. It reported 63 employees.

Income and spending

$0$512k$1.0m$1.5m$2.0m2019 Income: $863,2542019 Spending: $668,23720192020 Income: $652,0492020 Spending: $675,41920202021 Income: $1,384,5242021 Spending: $897,18620212022 Income: $2,049,7092022 Spending: $1,066,12220222023 Income: $1,079,6352023 Spending: $1,470,0762023
IncomeSpending

Where the income comes from

  • Contributions & grants 91%
  • Program services 6.2%
  • Other 2.5%

Similar-sized charities, same cause

CharityLocationIncome
Inman Park Cooperative Preschool IncAtlanta$1.1m
Wongu University of Oriental MedicineLas Vegas$1.1m
Meto IncWashington$1.1m
East Aurora Community Nursery IncEast Aurora$1.1m