Is Massachusetts Public Employees Health & Welfare Fund Legit?
Quick charity verification for Massachusetts Public Employees Health & Welfare Fund (EIN: 222618894)
Verdict: Massachusetts Public Employees Health & Welfare Fund appears trustworthy
85/100Mission Score
$41.5MRevenue
$90.8MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent revenue generation, with over $30 million in revenue in 2023.
Strong asset growth, reaching over $90 million in 2023.
Very low administrative and fundraising costs, indicating high efficiency.
Stable financial performance over an extended period (2016-2023).
Spending Breakdown
How Massachusetts Public Employees Health & Welfare Fund allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Public Employees Health & Welfare Fund
Is Massachusetts Public Employees Health & Welfare Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Massachusetts Public Employees Health & Welfare Fund (EIN: 222618894) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Massachusetts Public Employees Health & Welfare Fund a good charity to donate to?
Massachusetts Public Employees Health & Welfare Fund has a Mission Score of 85/100. Revenue: $41.5M. Assets: $90.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Massachusetts Public Employees Health & Welfare Fund?
The Employer Identification Number (EIN) for Massachusetts Public Employees Health & Welfare Fund is 222618894. 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 Public Employees Health & Welfare Fund spend its money?
Massachusetts Public Employees Health & Welfare Fund allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Massachusetts Public Employees Health & Welfare Fund's tax-exempt status?
You can verify Massachusetts Public Employees Health & Welfare Fund's tax-exempt status using EIN 222618894 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 Public Employees Health & Welfare Fund is a health care nonprofit based in Peabody, Massachusetts, with reported revenue of $41.5M and assets of $90.8M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 90% of spending goes to programs, 5% to administration, and 5% to fundraising. Executive compensation is not explicitly detailed in the provided data, but the low administrative expenses suggest it is not a significant portion of the overall expenditures. Revenue has grown +23% across 13 filing periods.