Massachusetts Fallen Heroes Inc

Analysis

Massachusetts Fallen Heroes Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Massachusetts Fallen Heroes Inc reported income of $1.5m and spending of $1.2m, spending 80% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $786k to $1.5m (+96%), an average of +18% a year. The sharpest change came in the year to December 2019, when income rose by 89%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Massachusetts Fallen Heroes Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Totem Pole Playhouse ($1.5m), New Ballet Ensemble ($1.5m) and Levoy Theatre Preservation Society Inc ($1.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 30% and program service revenue 64% of the total. Other salaries and wages came to $265k. At year end it held assets of $2.9m against liabilities of $240k, net assets of $2.6m. It reported 6 employees.