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Massachusetts Green High Performance Computing Center Inc

RegisteredEIN 27-3014805Holyoke, MAEducation and training
Income$11.6m2023-06
Spending$9.3msame year
Spent / received73%5-year average
Size in its cause94th pctEducation and training
Exempt since2010Supporting organisation
Employees0latest return

Analysis

Massachusetts Green High Performance Computing Center Inc is a registered charity in United States, based in Holyoke, MA. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Massachusetts Green High Performance Computing Center Inc reported income of $11.6m and spending of $9.3m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $24.1m to $11.6m (-52%), an average of -17% a year. The sharpest change came in the year to June 2020, when income dropped by 69%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Massachusetts Green High Performance Computing Center Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include South Kent School Corp ($11.6m), University of North Florida Financing Corporation ($11.6m) and Wesley School ($11.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.4% and program service revenue 92% of the total. At year end it held assets of $18.8m against liabilities of $3.1m, net assets of $15.8m.

Income and spending

$0$6.0m$12.1m$18.1m$24.1m2019 Income: $24,134,6992019 Spending: $8,542,29920192020 Income: $7,539,4352020 Spending: $8,212,62420202021 Income: $7,668,1652021 Spending: $7,989,27120212022 Income: $7,620,1322022 Spending: $8,673,47120222023 Income: $11,602,4382023 Spending: $9,290,7712023
IncomeSpending

Where the income comes from

  • Contributions & grants 8.4%
  • Program services 92%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
South Kent School CorpSouth Kent$11.6m
University of North Florida Financing CorporationJacksonville$11.6m
Wesley SchoolN Hollywood$11.6m
Cafa IncGilbert$11.6m