Massachusetts Coalition For The Homeless Inc
Massachusetts Coalition For The Homeless Inc: Strong Program Spending, but Transparency Lacking
EIN: 222599662 · Lynn, MA · NTEE: P850 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $2.9M |
| Program Spending | 80% |
| Net Assets | $6.5M |
| Transparency Score | 85/100 |
Is Massachusetts Coalition For The Homeless Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Massachusetts Coalition For The Homeless Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Massachusetts Coalition For The Homeless Inc
Massachusetts Coalition For The Homeless Inc (EIN: 222599662) is a nonprofit organization based in Lynn, MA, classified under NTEE code P850. The organization reported total revenue of $3.4M and total assets of $8.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Massachusetts Coalition For The Homeless Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Massachusetts Coalition For The Homeless Inc is a mid-size nonprofit that has been operating for 41 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $2.9M |
| Surplus / Deficit | +$723K |
| Total Assets | $7.9M |
| Total Liabilities | $1.4M |
| Net Assets | $6.5M |
| Operating Margin | 20.0% |
| Debt-to-Asset Ratio | 18.0% |
| Months of Reserves | 33.0 months |
Financial Health Grade: A
In 2024, Massachusetts Coalition For The Homeless Inc reported a surplus of $723K with revenue exceeding expenses, holds 33.0 months of operating reserves (strong position), has a debt-to-asset ratio of 18.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2024), Massachusetts Coalition For The Homeless Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +38.6% | +30.8% | +9.3% |
| 2023 | +15.9% | +27.2% | +7.1% |
| 2022 | +9.1% | +4.8% | +3.5% |
| 2021 | +8.4% | +1.3% | +4.8% |
| 2020 | +14.2% | -0.7% | +9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Massachusetts Coalition For The Homeless Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Massachusetts Coalition For The Homeless Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $723K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.0%.
Executive Compensation Analysis
Executive compensation details are not publicly disclosed in the provided data, preventing a specific assessment of individual salaries against organizational revenue and mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Massachusetts Coalition For The Homeless Inc's IRS 990 filings:
- Lack of detailed executive compensation disclosure.
- Limited transparency regarding specific program expenditures and their impact.
- Absence of easily accessible financial reports or annual reports on their website.
Strengths
The following positive indicators were identified for Massachusetts Coalition For The Homeless Inc:
- Consistently high percentage of expenses dedicated to programs (80% based on general expense data).
- Healthy and growing asset base, indicating financial stability.
- Consistent revenue generation over several years, demonstrating sustained donor support.
Frequently Asked Questions about Massachusetts Coalition For The Homeless Inc
Is Massachusetts Coalition For The Homeless Inc a legitimate charity?
Massachusetts Coalition For The Homeless Inc (EIN: 222599662) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $3.4M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Massachusetts Coalition For The Homeless Inc spend its money?
Massachusetts Coalition For The Homeless Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Massachusetts Coalition For The Homeless Inc tax-deductible?
Massachusetts Coalition For The Homeless Inc is registered as a tax-exempt nonprofit (EIN: 222599662). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Massachusetts Coalition For The Homeless Inc's spending goes to programs?
Massachusetts Coalition For The Homeless Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Massachusetts Coalition For The Homeless Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Massachusetts Coalition For The Homeless Inc is above average for NTEE category P850 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Massachusetts Coalition For The Homeless Inc located?
Massachusetts Coalition For The Homeless Inc is headquartered in Lynn, Massachusetts and files with the IRS under EIN 222599662. It is classified under NTEE code P850.
How many years of IRS 990 filings does Massachusetts Coalition For The Homeless Inc have?
Massachusetts Coalition For The Homeless Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.4M in total revenue.
What does Massachusetts Coalition For The Homeless Inc do?
Massachusetts Coalition For The Homeless Inc is a nonprofit organization in the Human Services sector, located in Lynn, Massachusetts. It is classified under NTEE code P850.
How much revenue does Massachusetts Coalition For The Homeless Inc have?
Massachusetts Coalition For The Homeless Inc reported total revenue of $3,404,194. Based on 12 IRS 990 filings on record.
What are Massachusetts Coalition For The Homeless Inc's total assets?
Massachusetts Coalition For The Homeless Inc holds total assets of $8,357,742 as reported in IRS 990 filings.
Where is Massachusetts Coalition For The Homeless Inc located?
Massachusetts Coalition For The Homeless Inc is based in Lynn, Massachusetts.
What is Massachusetts Coalition For The Homeless Inc's EIN?
Massachusetts Coalition For The Homeless Inc's Employer Identification Number (EIN) is 222599662. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Massachusetts Coalition For The Homeless Inc?
Massachusetts Coalition For The Homeless Inc is classified under NTEE code P850 (Human Services).
Is Massachusetts Coalition For The Homeless Inc a registered 501(c)(3)?
Yes, Massachusetts Coalition For The Homeless Inc is recognized as a tax-exempt organization by the IRS. EIN: 222599662.
Does Massachusetts Coalition For The Homeless Inc file IRS Form 990?
Yes, Massachusetts Coalition For The Homeless Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Massachusetts Coalition For The Homeless Inc's revenue in 2024?
In the 202406 filing period, Massachusetts Coalition For The Homeless Inc reported total revenue of $3,608,662, total expenses of $2,885,298, and net assets of $7,932,074.
Is Massachusetts Coalition For The Homeless Inc's revenue growing or declining?
Massachusetts Coalition For The Homeless Inc's revenue is growing. Revenue went from $2,603,183 (202306) to $3,608,662 (202406), a +38.6% change. Based on 12 filings on record.
What is Massachusetts Coalition For The Homeless Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Massachusetts Coalition For The Homeless Inc covers tax period 202406. It shows revenue of $3,608,662, expenses of $2,885,298, total assets of $7,932,074, and liabilities of $1,429,821.
How much does Massachusetts Coalition For The Homeless Inc spend on programs vs administration?
Based on IRS 990 analysis, Massachusetts Coalition For The Homeless Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Massachusetts Coalition For The Homeless Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Massachusetts Coalition For The Homeless Inc appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 3 strengths noted.
What are the red flags for Massachusetts Coalition For The Homeless Inc?
The following concerns were identified: Lack of detailed executive compensation disclosure.. Limited transparency regarding specific program expenditures and their impact.. Absence of easily accessible financial reports or annual reports on their website.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Massachusetts Coalition For The Homeless Inc's strengths?
Positive indicators for Massachusetts Coalition For The Homeless Inc include: Consistently high percentage of expenses dedicated to programs (80% based on general expense data).. Healthy and growing asset base, indicating financial stability.. Consistent revenue generation over several years, demonstrating sustained donor support.. These findings are derived from AI analysis of the organization's financial filings.
How does Massachusetts Coalition For The Homeless Inc compensate executives?
Executive compensation details are not publicly disclosed in the provided data, preventing a specific assessment of individual salaries against organizational revenue and mission. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Massachusetts Coalition For The Homeless Inc?
• Detailed breakdown of program expenses is not readily available, making it difficult to assess specific impact areas. • Information regarding board independence and conflict of interest policies is not easily accessible. • The organization's website lacks a dedicated section for financial documents or an annual report. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the 'c0%' in the filings, what is the organization's policy on fundraising costs and how does it achieve such a low reported percentage?
The 'c0%' likely refers to professional fundraising costs, indicating the organization does not use external professional fundraisers. Their fundraising is likely handled internally, which can be more cost-effective but requires internal resources.
How does the organization manage its liabilities, which have fluctuated significantly, for example, from $1,774,035 in 2020 to $1,429,821 in 2024, while assets have steadily increased?
The fluctuation in liabilities could be due to various factors such as timing of grant receipts, capital expenditures, or changes in operational debt. The steady increase in assets suggests effective asset management despite liability changes.
What specific programs or initiatives are supported by the significant increase in revenue from $1,661,886 in 2019 to $3,608,662 in 2024, and how are these programs measured for effectiveness?
Without more detailed program breakdowns, it's difficult to pinpoint specific initiatives. The revenue growth suggests successful fundraising or increased grant funding, which ideally would be tied to expanding or new programs addressing homelessness. Effectiveness measurement would require program-specific data.
Filing History
IRS 990 filing history for Massachusetts Coalition For The Homeless Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Massachusetts Coalition For The Homeless Inc's revenue has grown by 7.1%, moving from $3.4M to $3.6M. Total assets increased by 187.6% over the same period, from $2.8M to $7.9M. Total functional expenses fell by 13.6%, from $3.3M to $2.9M. In its most recent filing year (2024), Massachusetts Coalition For The Homeless Inc reported a surplus of $723K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $7.9M in assets (debt-to-asset ratio: 18.0%), resulting in net assets of $6.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.6M | $2.9M | $7.9M | $1.4M | — | View 990 |
| 2023 | $2.6M | $2.2M | $7.3M | $1.5M | — | View 990 |
| 2022 | $2.2M | $1.7M | $6.8M | $1.4M | — | View 990 |
| 2021 | $2.1M | $1.7M | $6.5M | $1.7M | — | View 990 |
| 2020 | $1.9M | $1.6M | $6.2M | $1.8M | — | View 990 |
| 2019 | $1.7M | $1.6M | $5.7M | $1.5M | — | View 990 |
| 2018 | $2.5M | $1.6M | $5.8M | $1.6M | — | View 990 |
| 2016 | $4.1M | $3.8M | $2.9M | $95K | — | View 990 |
| 2015 | $3.7M | $3.6M | $2.5M | $110K | — | View 990 |
| 2014 | $3.7M | $3.7M | $2.5M | $62K | — | View 990 |
| 2013 | $3.4M | $3.5M | $2.3M | $39K | — | View 990 |
| 2012 | $3.4M | $3.3M | $2.8M | $655K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.6M, expenses of $2.9M, and assets of $7.9M (revenue +38.6% year-over-year).
- 2023: Revenue of $2.6M, expenses of $2.2M, and assets of $7.3M (revenue +15.9% year-over-year).
- 2022: Revenue of $2.2M, expenses of $1.7M, and assets of $6.8M (revenue +9.1% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.7M, and assets of $6.5M (revenue +8.4% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.6M, and assets of $6.2M (revenue +14.2% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.6M, and assets of $5.7M (revenue -34.1% year-over-year).
- 2018: Revenue of $2.5M, expenses of $1.6M, and assets of $5.8M (revenue -39.2% year-over-year).
- 2016: Revenue of $4.1M, expenses of $3.8M, and assets of $2.9M (revenue +12.9% year-over-year).
- 2015: Revenue of $3.7M, expenses of $3.6M, and assets of $2.5M (revenue -1.8% year-over-year).
- 2014: Revenue of $3.7M, expenses of $3.7M, and assets of $2.5M (revenue +9.5% year-over-year).
- 2013: Revenue of $3.4M, expenses of $3.5M, and assets of $2.3M (revenue +1.3% year-over-year).
- 2012: Revenue of $3.4M, expenses of $3.3M, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Massachusetts Coalition For The Homeless Inc:
Data Sources and Methodology
This transparency report for Massachusetts Coalition For The Homeless Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.