Eastern Star of Massachusetts Charitable Foundation Inc

Analysis

Eastern Star of Massachusetts Charitable Foundation Inc is a registered charity in United States, based in Newtonville, MA. It received its IRS tax-exemption ruling in July 1936, 90 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 March 2024, Eastern Star of Massachusetts Charitable Foundation Inc reported income of $73k and spending of $50k, leaving 31% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $50k to $73k (+46%), an average of +10% a year. The sharpest change came in the year to March 2021, when income rose by 26%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Eastern Star of Massachusetts Charitable Foundation Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include King Creek Cottages Inc ($73k), Rebuilding Together-Lincoln County ($73k) and Hatc Foundation ($72k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 35% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.