Massenergize Inc

Analysis

Massenergize Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Massenergize Inc reported income of $274k and spending of $239k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $190k to $274k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 90% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Massenergize Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Ssi Conservancy Trust Inc ($274k), Schoharie Land Trust Inc ($275k) and Penguin Court Inc ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $85k (36% of expenses). Other salaries and wages came to $52k. At year end it held assets of $157k against liabilities of $2,779, net assets of $154k. It reported 8 employees.