Brain Injury Association of Massachusetts Inc

Analysis

Brain Injury Association of Massachusetts Inc is a registered charity in United States, based in Westborough, MA. It received its IRS tax-exemption ruling in August 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Brain Injury Association of Massachusetts Inc reported income of $2.6m and spending of $2.4m, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.8m to $2.6m (-5.3%), an average of -1.3% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brain Injury Association of Massachusetts Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Natrona County Meals on Wheels ($2.6m), Secured Futures Inc ($2.6m) and Blackburn Center Inc ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $177k (7.5% of expenses). Other salaries and wages came to $927k. At year end it held assets of $7.7m against liabilities of $671k, net assets of $7.1m. It reported 18 employees.