Massachusetts Association of Realtors Inc Charitable Foundation

Analysis

Massachusetts Association of Realtors Inc Charitable Foundation is a registered charity in United States, based in Foxborough, MA. It received its IRS tax-exemption ruling in February 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Massachusetts Association of Realtors Inc Charitable Foundation reported income of $70k and spending of $69k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $70k (+19%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 19%. 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, Massachusetts Association of Realtors Inc Charitable Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 36th percentile within MA. Charities of a similar size with the same main cause include Legatus ($70k), Kick Cancer to the Curb of Mille Lacs County ($70k) and Little League Baseball Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $62k against liabilities of $22k, net assets of $40k.