Massachusetts School Library Association Inc

Analysis

Massachusetts School Library Association Inc is a registered charity in United States, based in Wayland, MA. It received its IRS tax-exemption ruling in August 1993, 33 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 June 2024, Massachusetts School Library Association Inc reported income of $132k and spending of $111k, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $82k to $132k (+62%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 140%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Massachusetts School Library Association Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Council for Exceptional Children Colorado Federation ($132k), Seattle Childrens Hospital ($132k) and Mt Clemens Rotary Foundation ($132k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.