Macomber Center Inc

Analysis

Macomber Center Inc is a registered charity in United States, based in Framingham, MA. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Macomber Center Inc reported income of $489k and spending of $437k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $290k to $489k (+69%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Macomber Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Hope Christian School Society of Redlands California ($489k), Wings Over America Scholarship Foundation ($489k) and San Ramon Valley Education Foundation ($489k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $316k. At year end it held assets of $221k against liabilities of $66k, net assets of $155k. It reported 7 employees.