Masoc Inc

Analysis

Masoc Inc is a registered charity in United States, based in Easthampton, MA. It received its IRS tax-exemption ruling in August 1999, 27 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 June 2024, Masoc Inc reported income of $268k and spending of $243k, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $171k to $268k (+57%), an average of +9.4% a year. The sharpest change came in the year to June 2021, when income rose by 457%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Masoc Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include 100-Aker-Wood ($268k), Metro Detroit Barber College ($268k) and Bellevue Mandarin Dual Language Ptsa 2 3 170 ($268k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 45% and program service revenue 55% of the total. Other salaries and wages came to $49k. At year end it held assets of $182k against liabilities of $4,030, net assets of $178k.