Massachusetts Public Interest Research Group Education Fund Inc

Analysis

Massachusetts Public Interest Research Group Education Fund Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 1979, 47 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 Public Interest Research Group Education Fund Inc reported income of $484k and spending of $322k, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $309k to $484k (+57%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Massachusetts Public Interest Research Group Education Fund Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Missouri State Medical Association Physicians Health Foundation ($484k), Read-Aloud Delaware ($484k) and Cathedral Green Inc ($484k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $74k (23% of expenses). Other salaries and wages came to $124k. At year end it held assets of $1.4m against liabilities of $420k, net assets of $1.0m. It reported 5 employees.