Massachusetts Foundation for Learning Disabilities

Analysis

Massachusetts Foundation for Learning Disabilities is a registered charity in United States, based in Westfield, MA. It received its IRS tax-exemption ruling in September 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Massachusetts Foundation for Learning Disabilities reported income of $3.4m and spending of $3.1m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $3.4m (+1.5%), an average of +0.4% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Massachusetts Foundation for Learning Disabilities 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 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include St Agnes Academy Foundation Inc ($3.4m), The Harrisburg Area Community College Foundation ($3.4m) and American Friends of Yeshiva of Kodshim ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $183k (5.9% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $4.5m against liabilities of $1.6m, net assets of $2.9m. It reported 41 employees.