Agncy Design Inc

Analysis

Agncy Design Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Agncy Design Inc reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $731k to $1.3m (+77%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Agncy Design Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Start Garden LLC ($1.3m), Greenleaf Job Training Services Inc ($1.3m) and People Helping People of Pullman Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $275k (21% of expenses). Other salaries and wages came to $587k. At year end it held assets of $228k against liabilities of $68k, net assets of $160k. It reported 15 employees.