Everyday Boston Inc

Analysis

Everyday Boston Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. 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, Everyday Boston Inc reported income of $369k and spending of $298k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $221k to $369k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Everyday Boston Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Kappa Lambda Chi Military Fraternity Inc ($369k), Northpoint Edgemere Volunteer Fire Dept ($369k) and Kansas City Rotary Club Foundation ($369k).

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 $179k. At year end it held assets of $289k against liabilities of $47k, net assets of $242k. It reported 3 employees.