Massachusetts Horticultural Society

Analysis

Massachusetts Horticultural Society is a registered charity in United States, based in Wellesley, MA. It received its IRS tax-exemption ruling in August 1943, 83 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 September 2023, Massachusetts Horticultural Society reported income of $3.3m and spending of $2.7m, spending 84% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.8m to $3.3m (+81%), an average of +16% a year. The sharpest change came in the year to September 2021, when income rose by 35%. Over the whole period it spent 91% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Massachusetts Horticultural Society sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include Center for Watershed Protection ($3.3m), Pesticide Action Network North America Regional Center ($3.3m) and New England Grassroots Environment Fund Inc ($3.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 41% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $259k (9.5% of expenses). Other salaries and wages came to $921k. At year end it held assets of $7.0m against liabilities of $811k, net assets of $6.2m. It reported 30 employees.