Massachusetts Bail Fund Inc

Analysis

Massachusetts Bail Fund Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Massachusetts Bail Fund Inc reported income of $597k and spending of $612k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $674k to $597k (-12%), an average of -3.0% a year. The sharpest change came in the year to December 2020, when income rose by 809%. Over the whole period it spent 40% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Massachusetts Bail Fund Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Fresh Food Connect ($597k), Leflore County Child Advocacy ($597k) and Hudson Valley National Center for Veteran Reintegration Inc ($597k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $91k (15% of expenses). Other salaries and wages came to $152k. At year end it held assets of $6.4m against liabilities of $121k, net assets of $6.3m. It reported 3 employees.