Three Squares New England

Analysis

Three Squares New England is a registered charity in United States, based in Dedham, MA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Three Squares New England reported income of $575k and spending of $569k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $564k to $575k (+2.0%), an average of +0.5% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Three Squares New England sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Fosterful ($574k), Meeting Waters YMCA ($575k) and Heal Africa USA ($574k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $51k. At year end it held assets of $246k against liabilities of $39k, net assets of $207k. It reported 1 employees.