Shalom Catholic Community of Boston Inc

Analysis

Shalom Catholic Community of Boston Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Shalom Catholic Community of Boston Inc reported income of $146k and spending of $113k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $146k (+85%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shalom Catholic Community of Boston Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include Compass Ministries Inc ($146k), Victory World Missions of Texas Inc ($146k) and Iglesia Pentecostal Ejercito de Poder ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 32% of the total. At year end it held assets of $47k against liabilities of $7,244, net assets of $40k.