Fenway Community Center at Viridian Inc

Analysis

Fenway Community Center at Viridian Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover human services, 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, Fenway Community Center at Viridian Inc reported income of $103k and spending of $329k, spending 319% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $108k to $103k (-4.2%), an average of -1.1% a year. The sharpest change came in the year to December 2020, when income rose by 598%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fenway Community Center at Viridian Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 44th percentile within MA. Charities of a similar size with the same main cause include Building Hope in Haiti Inc ($103k), Jasons Dreams for Kids Inc ($103k) and Pathways Pastoral Counseling ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $102k (31% of expenses). Other salaries and wages came to $27k. At year end it held assets of $545k against liabilities of $19k, net assets of $525k. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.