Boston Collaborative Inc

Analysis

Boston Collaborative Inc is a registered charity in United States, based in Hyde Park, MA. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Boston Collaborative Inc reported income of $273k and spending of $198k, leaving 28% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $216k to $273k (+27%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Boston Collaborative Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Gurdwara Akaljot ($273k), Strong Tower Ranch ($273k) and Mountain Top Ministries Inc ($273k).

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 $73k (37% of expenses). Other salaries and wages came to $23k. At year end it held assets of $208k against liabilities of $2,700, net assets of $206k. It reported 2 employees.