Massachusetts General Hospital Nurses Alumnae Association Inc

Analysis

Massachusetts General Hospital Nurses Alumnae Association Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Massachusetts General Hospital Nurses Alumnae Association Inc reported income of $127k and spending of $149k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $44k to $127k (+188%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 147%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Massachusetts General Hospital Nurses Alumnae Association 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 43rd percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Academy for the Art of Metal Shaping Inc ($127k), American Society of Heating Refrigerating & A-C Engineers ($127k) and Croatian American Golf Associationinc ($127k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 22% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.