GREATER BOSTON CHINESE GOLDEN AGE CENTER

BOSTON, MA, 02111 (617) 357-0226 Est. 1972 EIN 23-7181452

P81Z - Human Services 990 - Public charity return 501(c)(3)

www.gbcgac.org

Mission

TO PROMOTE THE GENERAL WELFARE AND INDEPENDENCE OF ASIAN ELDERS VIA A NETWORK OF CULTURALLY SENSITIVE AND LINGUISTICALLY APPROPRIATE PROGRAMS AND SERVICES.

Financials

Total Revenue

$15,251,956

Total Expenses

$12,907,586

Net Assets

$17,929,431

202 employees 238 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

16.7 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 4.3%

Expenses ↑ 6.8%

Revenue Sources

Contributions 77.7% Earned revenue 18.7% Investment 3.4%

Expense Breakdown

Program 95.4% Management 4.5%

Officers & Key Employees (16)

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Grants Received (65)

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Filing History (9 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$15,251,956 ↑	$12,907,586	$17,929,431
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$14,626,488 ↑	$12,085,595	$15,297,066
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$14,288,809	$11,865,147	$11,840,870
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$14,288,809 ↑	$11,865,148	$11,840,869
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$12,906,257	$11,612,118	$8,579,771
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$12,906,257 ↑	$11,612,118	$8,579,771
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$11,927,313 ↑	$10,850,591	$8,054,495
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$10,771,651 ↑	$10,476,202	$5,812,250
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$8,979,360	$8,606,893	$5,445,996