Educational Foundation of the Massachusetts Society of Certified

Analysis

Educational Foundation of the Massachusetts Society of Certified is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 1966, 60 years ago. 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 April 2023, Educational Foundation of the Massachusetts Society of Certified reported income of $2.3m and spending of $2.1m, spending 90% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $2.1m to $2.3m (+8.8%), an average of +2.1% a year. The sharpest change came in the year to April 2022, when income rose by 38%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Educational Foundation of the Massachusetts Society of Certified sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Redi Corporation ($2.3m), Charlesview Inc ($2.3m) and Institute for Dayanim ($2.3m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 9.8% and program service revenue 90% of the total. At year end it held assets of $1.5m against liabilities of $352k, net assets of $1.2m.