Massachusetts Afterschoolpartnership Inc
Analysis
Massachusetts Afterschoolpartnership Inc is a registered charity in United States, based in Hingham, MA. It received its IRS tax-exemption ruling in April 2007, 19 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 Afterschoolpartnership Inc reported income of $3.7m and spending of $3.5m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $577k to $3.7m (+538%), an average of +59% a year. The sharpest change came in the year to June 2022, when income rose by 542%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Massachusetts Afterschoolpartnership Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Pinellas Education Organization Inc ($3.7m), Lawrence County Independent Schools ($3.7m) and Porterville Schools Improvement Corporation ($3.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $123k (3.5% of expenses). Other salaries and wages came to $252k. At year end it held assets of $764k against liabilities of $6,128, net assets of $758k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 3.3%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Pinellas Education Organization Inc | Clearwater | $3.7m |
| Lawrence County Independent Schools | Bedford | $3.7m |
| Porterville Schools Improvement Corporation | Porterville | $3.7m |
| St Vrain Community Montessori School | Longmont | $3.7m |