Mattapan Square Main Streets Inc

Analysis

Mattapan Square Main Streets Inc is a registered charity in United States, based in Mattapan, MA. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Mattapan Square Main Streets Inc reported income of $155k and spending of $110k, leaving 29% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $51k to $155k (+206%), an average of +206% a year. The sharpest change came in the year to June 2023, when income rose by 206%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mattapan Square Main Streets Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Stowe Community Fund Inc ($155k), Wider Horizons ($155k) and Centro Nazareno de Compasion Agape Inc ($155k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 9.7% and program service revenue 90% of the total. At year end it held assets of $94k against liabilities of $6,850, net assets of $87k.