Is Massachusetts Housing And Shelter Alliance Inc Legit?
Quick charity verification for Massachusetts Housing And Shelter Alliance Inc (EIN: 223068653)
Verdict: Massachusetts Housing And Shelter Alliance Inc appears trustworthy
88/100Mission Score
$22.6MRevenue
$16.7MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent revenue growth from $11.6M in 2016 to $27.7M in 2023, indicating strong fundraising and program support.
Healthy asset growth from $5.0M in 2016 to $17.8M in 2023, strengthening financial stability.
Low liability-to-asset ratio, with liabilities at $15.6M against assets of $17.8M in 2023, suggesting good financial management.
The organization consistently reports 0% compensation for key personnel, which can indicate a high dedication to mission or reliance on volunteer leadership.
Spending Breakdown
How Massachusetts Housing And Shelter Alliance Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Massachusetts Housing And Shelter Alliance Inc
Is Massachusetts Housing And Shelter Alliance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Massachusetts Housing And Shelter Alliance Inc (EIN: 223068653) appears trustworthy. Mission Score: 88/100. 0 red flags identified, 4 strengths noted.
Is Massachusetts Housing And Shelter Alliance Inc a good charity to donate to?
Massachusetts Housing And Shelter Alliance Inc has a Mission Score of 88/100. Revenue: $22.6M. Assets: $16.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Massachusetts Housing And Shelter Alliance Inc?
The Employer Identification Number (EIN) for Massachusetts Housing And Shelter Alliance Inc is 223068653. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Massachusetts Housing And Shelter Alliance Inc spend its money?
Massachusetts Housing And Shelter Alliance Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Massachusetts Housing And Shelter Alliance Inc's tax-exempt status?
You can verify Massachusetts Housing And Shelter Alliance Inc's tax-exempt status using EIN 223068653 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Massachusetts Housing And Shelter Alliance Inc is a human services nonprofit based in Boston, Massachusetts, with reported revenue of $22.6M and assets of $16.7M. Our AI analysis assigns a Mission Score of 88/100 (Excellent). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is not reported in the provided data, with 990 filings indicating 0% compensation for officers, directors, trustees, key employees, and highest compensated employees. Revenue has grown +219% across 13 filing periods.