Massachusetts Association of Student Financial Aid Administrato

Analysis

Massachusetts Association of Student Financial Aid Administrato is a registered charity in United States, based in Auburndale, MA. It received its IRS tax-exemption ruling in September 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Massachusetts Association of Student Financial Aid Administrato reported income of $118k and spending of $158k, spending 134% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $128k to $118k (-7.6%), an average of -1.6% a year. The sharpest change came in the year to June 2022, when income rose by 60%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Massachusetts Association of Student Financial Aid Administrato sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Educators Inc ($118k), LA Plata Electric Round Up Foundation ($118k) and Cedar Grove Elementary PTO ($118k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 85% of the total. At year end it held assets of $645k against liabilities of $14k, net assets of $631k.