Health Equity Partnership of North Central Mass

Analysis

Health Equity Partnership of North Central Mass is a registered charity in United States, based in Westminster, MA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, Health Equity Partnership of North Central Mass reported income of $425k and spending of $422k, spending 99% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $215k to $425k (+97%), an average of +97% a year. The sharpest change came in the year to September 2023, when income rose by 97%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Health Equity Partnership of North Central Mass sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include City of Good ($424k), Outlaw Square Inc ($425k) and Millvale Borough Development Corporation ($424k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $145k (34% of expenses). At year end it held assets of $298k against liabilities of $284k, net assets of $14k. It reported 2 employees.