Massachusetts Library Association

Analysis

Massachusetts Library Association is a registered charity in United States, based in Westborough, MA. It received its IRS tax-exemption ruling in June 1966, 60 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 2023, Massachusetts Library Association reported income of $203k and spending of $240k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $223k to $203k (-8.6%), an average of -2.2% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Massachusetts Library Association sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Jackson Quarterback Club ($203k), Library of Michigan Foundation ($203k) and Maryland Rural Health Association Inc ($203k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 63% of the total. Other salaries and wages came to $53k. At year end it held assets of $200k against liabilities of $0, net assets of $200k. It reported 2 employees.