Massachusetts Independent Certification Inc

Analysis

Massachusetts Independent Certification Inc is a registered charity in United States, based in North Dighton, MA. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Massachusetts Independent Certification Inc reported income of $1.3m and spending of $1.2m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $905k to $1.3m (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Massachusetts Independent Certification Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Crossroads Ministry of Estes Park Inc ($1.3m), Bulverde Food Pantry Inc ($1.3m) and St Vincent and Sarah Fisher Center ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $108k (8.9% of expenses). Other salaries and wages came to $746k. At year end it held assets of $468k against liabilities of $103k, net assets of $365k. It reported 19 employees.