Massachusetts Charter Public School Association Inc

Analysis

Massachusetts Charter Public School Association Inc is a registered charity in United States, based in Hudson, MA. It received its IRS tax-exemption ruling in November 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 June 2024, Massachusetts Charter Public School Association Inc reported income of $5.0m and spending of $3.5m, leaving 30% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.4m to $5.0m (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Massachusetts Charter Public School Association Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Art and Science Academy Inc ($5.0m), Beaufort Academy Inc ($5.0m) and Jenison Christian Schools ($5.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $330k (9.5% of expenses). Other salaries and wages came to $1.6m. It paid $20k in professional fundraising fees. At year end it held assets of $6.6m against liabilities of $492k, net assets of $6.1m. It reported 15 employees.