English for New Bostonians Inc

Analysis

English for New Bostonians Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 2013, 13 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 June 2023, English for New Bostonians Inc reported income of $2.6m and spending of $3.1m, spending 120% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $2.6m (+89%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 63%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, English for New Bostonians Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include C S Lewis Institute Inc ($2.6m), Odessa College Foundation Incorporated ($2.6m) and Winona Christian School Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $185k (5.9% of expenses). Other salaries and wages came to $709k. At year end it held assets of $2.1m against liabilities of $494k, net assets of $1.6m. It reported 18 employees.