The Massachusetts Reading Association Incorporated

Analysis

The Massachusetts Reading Association Incorporated is a registered charity in United States, based in W Barnstable, MA. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, The Massachusetts Reading Association Incorporated reported income of $168k and spending of $141k, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $151k to $168k (+11%), an average of +3.6% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Massachusetts Reading Association Incorporated sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Richardson Adult Literacy Center ($168k), James Madison High School Band Parents Organization Inc ($168k) and Crook County Education Foundation ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 91% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.