Maxcen Housing Society Inc Massachusetts Branch

Analysis

Maxcen Housing Society Inc Massachusetts Branch is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Maxcen Housing Society Inc Massachusetts Branch reported income of $95k and spending of $86k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $95k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maxcen Housing Society Inc Massachusetts Branch sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Wolves Club Scholarship TR ($95k), African American Education Archives and History Program ($95k) and Tyee Middle School Ptsa 2 3 145 ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $5,160. At year end it held assets of $95k against liabilities of $86k, net assets of $8,673.