Boston Accountable Care Organization Inc

Analysis

Boston Accountable Care Organization Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Boston Accountable Care Organization Inc reported income of $3.6m and spending of $6.1m, spending 169% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $15.4m to $3.6m (-76%), an average of -30% a year. The sharpest change came in the year to September 2020, when income dropped by 50%. Over the whole period it spent 128% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Boston Accountable Care Organization Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Hydrocephalus Association Incorporated ($3.6m), Oset Inc ($3.6m) and Keystone Independence Management ($3.6m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 79% of the total. Other salaries and wages came to $202k. At year end it held assets of $18.3m against liabilities of $16.1m, net assets of $2.2m.