Masinyusane Inc

Analysis

Masinyusane Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2023, Masinyusane Inc reported income of $91k and spending of $74k, spending 82% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $78k to $91k (+17%), an average of +4.0% a year. The sharpest change came in the year to March 2023, when income dropped by 27%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Masinyusane Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include Lafayette Foundation of the Conshohocken-Plymouth-Whitemarsh R ($91k), Baudette Community Foundation ($91k) and Darien Lions Club Foundation ($91k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (73% of expenses). At year end it held assets of $120k against liabilities of $0, net assets of $120k. It reported 1 employees.