Massachusetts Bar Institute

Analysis

Massachusetts Bar Institute is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Massachusetts Bar Institute reported income of $808k and spending of $1.3m, spending 165% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $918k to $808k (-12%), an average of -3.1% a year. Over the whole period it spent 160% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Massachusetts Bar Institute sits at the 73rd percentile: it is larger than about 73% 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 Springfield Christian Schools ($808k), Divinum Auxilium Academy ($808k) and Enneagram Studies in the Narrative Tradition ($808k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 15% and program service revenue 41% of the total. At year end it held assets of $1.6m against liabilities of $17.6m, net assets of -$16.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.