Massachusetts Health Quality Partners Inc

Analysis

Massachusetts Health Quality Partners Inc is a registered charity in United States, based in Brighton, MA. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Health Quality Partners Inc reported income of $4.2m and spending of $4.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $4.2m (+6.3%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Massachusetts Health Quality Partners Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Clifton Cheder Inc ($4.2m), Green Light Project Inc ($4.2m) and USA Research and Technology Corporation ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $573k (14% of expenses). Other salaries and wages came to $919k. At year end it held assets of $1.5m against liabilities of $305k, net assets of $1.2m. It reported 20 employees.