Massachusetts League of Community Health Centers Inc

Analysis

Massachusetts League of Community Health Centers Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 1991, 35 years ago. 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 June 2023, Massachusetts League of Community Health Centers Inc reported income of $67.8m and spending of $52.3m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $26.1m to $67.8m (+159%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 141%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Massachusetts League of Community Health Centers Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Borinquen Health Care Center Inc ($67.6m), University of St Francis ($67.8m) and Community Health Systems Inc ($67.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $1.2m (2.4% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $47.7m against liabilities of $14.7m, net assets of $33.0m. It reported 84 employees.