Boston Higher Education Resource Center

Analysis

Boston Higher Education Resource Center is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Boston Higher Education Resource Center reported income of $1.5m and spending of $998k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $664k to $1.5m (+128%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Boston Higher Education Resource Center 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 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Council of Administrators of Special Education Inc ($1.5m), Popeyes Foundation Inc ($1.5m) and Wyoming Valley Montessori Association Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Other salaries and wages came to $710k. At year end it held assets of $1.2m against liabilities of $104k, net assets of $1.1m. It reported 18 employees.