Massachusetts Family Institute Inc

Analysis

Massachusetts Family Institute Inc is a registered charity in United States, based in Acton, MA. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Massachusetts Family Institute Inc reported income of $809k and spending of $1.1m, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $573k to $809k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Massachusetts Family Institute Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include The Reach Healthcare Foundation ($809k), Missouri Coalition for Oral Healthinc ($809k) and Kent Community Health Foundation ($809k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $132k (12% of expenses). Other salaries and wages came to $440k. At year end it held assets of $940k against liabilities of $16k, net assets of $923k. It reported 10 employees.