Massachusetts Restaurant Association Educational Foundation

Analysis

Massachusetts Restaurant Association Educational Foundation is a registered charity in United States, based in Westborough, MA. It received its IRS tax-exemption ruling in October 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 2023, Massachusetts Restaurant Association Educational Foundation reported income of $378k and spending of $367k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $314k to $378k (+20%), an average of +4.8% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Massachusetts Restaurant Association Educational Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include A Great Start Preschool Inc ($378k), Gan Ephraim Inc ($378k) and Linganore High School Sports Boosters Inc ($378k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 9.4% of the total. At year end it held assets of $856k against liabilities of $16k, net assets of $841k.