Community Action Trust Inc

Analysis

Community Action Trust Inc is a registered charity in United States, based in Chelsea, MA. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community Action Trust Inc reported income of $122k and spending of $221k, spending 180% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $1.9m to $122k (-94%), an average of -74% a year. The sharpest change came in the year to June 2023, when income dropped by 77%. Over the whole period it spent 27% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Action Trust Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Metropolitan Senior Citizens Corporation Inc ($122k), One Dharma Awakening Heart Dallas Meditation Center ($122k) and Good N E W S Living at Home-Block Nurse Program ($122k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.0m against liabilities of $180k, net assets of $1.9m.