Maasha Trust

Analysis

Maasha Trust is a registered charity in United States, based in Hopkinton, MA. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Maasha Trust reported income of $271k and spending of $245k, spending 90% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $265k to $271k (+2.2%), an average of +2.2% a year. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Maasha Trust sits at the 45th percentile: it is larger than about 45% 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 Brighton First Inc ($271k), Baptist Medical Clinic of Galax Inc ($271k) and Fountain of Kindness Inc ($271k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $188k (77% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.