Massachusetts Fair Housing Center Inc

Analysis

Massachusetts Fair Housing Center Inc is a registered charity in United States, based in Holyoke, MA. It received its IRS tax-exemption ruling in October 1990, 36 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Massachusetts Fair Housing Center Inc reported income of $647k and spending of $565k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $400k to $647k (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Massachusetts Fair Housing Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Maof Properties Inc ($647k), Upsala Elder Housing Corporation ($648k) and Michigan Itinerant Shelter Sytem Interdependent Out of Necessity ($647k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $97k (17% of expenses). Other salaries and wages came to $245k. At year end it held assets of $396k against liabilities of $50k, net assets of $346k. It reported 25 employees.