Massachusetts Bar Foundation Inc

Analysis

Massachusetts Bar Foundation Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 1965, 61 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 Bar Foundation Inc reported income of $8.6m and spending of $4.3m, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $8.6m (+131%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 72% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Massachusetts Bar Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include Federal Defender Services of Idaho Inc ($8.6m), Giffords Law Center to Prevent Gun Violence ($8.7m) and Legal Aid of Western Ohio Inc ($8.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $257k. At year end it held assets of $14.5m against liabilities of $1.8m, net assets of $12.7m.