Massachusetts Association of Health Boards Inc

Analysis

Massachusetts Association of Health Boards Inc is a registered charity in United States, based in Duxbury, MA. It received its IRS tax-exemption ruling in April 1984, 42 years ago. 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 Association of Health Boards Inc reported income of $2.1m and spending of $2.1m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.1m (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2020, when income rose by 64%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Massachusetts Association of Health Boards 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 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Police Athletic League of St ($2.1m), Housing Foundation Phase 1 & 2 ($2.1m) and Arrhythmia Technologies Institute ($2.1m).

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 $146k (7.1% of expenses). Other salaries and wages came to $384k. At year end it held assets of $738k against liabilities of $134k, net assets of $604k. It reported 9 employees.