Massachusetts Interscholastic Athletic Association Inc
Analysis
Massachusetts Interscholastic Athletic Association Inc is a registered charity in United States, based in Franklin, MA. It received its IRS tax-exemption ruling in August 1979, 47 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Massachusetts Interscholastic Athletic Association Inc reported income of $6.5m and spending of $5.9m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $6.5m (+12%), an average of +3.0% a year. The sharpest change came in the year to June 2022, when income rose by 103%. Over the whole period it spent 94% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Massachusetts Interscholastic Athletic Association Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Fort Hays State Athletic Association ($6.5m), Shelby Farms Park Conservancy ($6.6m) and Detroit 300 Conservancy ($6.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $825k (14% of expenses). Other salaries and wages came to $96k. At year end it held assets of $5.6m against liabilities of $856k, net assets of $4.7m. It reported 28 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 83%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fort Hays State Athletic Association | Hays | $6.5m |
| Shelby Farms Park Conservancy | Memphis | $6.6m |
| Detroit 300 Conservancy | Detroit | $6.5m |
| Usta Mid-Atlantic Foundation | Arlington | $6.6m |