Easter Seals Massachusetts Inc

Analysis

Easter Seals Massachusetts Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in October 1947, 79 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 August 2023, Easter Seals Massachusetts Inc reported income of $15.2m and spending of $14.9m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $14.5m to $15.2m (+4.9%), an average of +1.2% a year. The sharpest change came in the year to August 2021, when income rose by 41%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Easter Seals Massachusetts Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Family of Woodstock Inc ($15.2m), Childrens Hospital Medical Practice Corp ($15.2m) and Cornerstone Ministries Inc ($15.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 49% and program service revenue 50% of the total. Other salaries and wages came to $9.2m. At year end it held assets of $26.7m against liabilities of $4.9m, net assets of $21.9m. It reported 300 employees.