Mutual Benefit Nonprofits in Massachusetts

Membership benefit organizations, mutual insurance, and cooperatives Analysis for Massachusetts — revenue, assets, and AI-powered transparency reports.

72Organizations
$6.2BTotal Revenue
$4.4BTotal Assets
73/100Avg Mission Score
78%Avg Program Spending

Spending Analysis

Average spending breakdown for mutual benefit nonprofits in Massachusetts based on IRS 990 filings:

Mutual Benefit nonprofits in Massachusetts show strong program spending, directing 78% to charitable activities.

NTEE Subcategories in Massachusetts

Y43: 30 orgs Y50: 7 orgs Y30: 4 orgs Y40Z: 4 orgs Y52Z: 4 orgs Y42: 3 orgs Y03: 2 orgs Y11: 2 orgs Y20: 2 orgs Y20Z: 2 orgs Y35: 2 orgs Y40: 2 orgs Y44: 2 orgs Y20E: 1 orgs Y22: 1 orgs Y24: 1 orgs Y330: 1 orgs Y34: 1 orgs Y99: 1 orgs

Top Mutual Benefit Organizations in Massachusetts

#OrganizationCityRevenueAssetsScore
1 Tufts Health Public Plans Inc Canton $2.9B $988.4M
2 Northrop Grumman Veba Master Trust I Quincy $1.6B $249.5M
3 Massachusetts Institute Of Technology Welfare Benefit Plans T Cambridge $778.9M $1.0B
4 Pinnacle West Capital Corporation Union Health Benefits Master Trust Heritage Dr N Qu $252.4M $406.0M
5 Gpu Companies Health Care Plan For Nonbargaining Retirees Heritage Dr N Qu $133.3M $39.3M
6 Massachusetts Life And Health Insurance Guaranty Association Springfield $120.7M $138.7M 75/100
7 Pinnacle West Capital Corporation Life Insurance Benefits Trust Heritage Dr N Qu $105.3M $71.2M
8 John Hancock Mutual Life Insurance Company Empl Welfare Trust Boston $95.4M $105.6M
9 Transit Employees Health And Welfare Fund Boston $23.2M $30.7M
10 Wayne J Griffin Electric Inc Welfare Benefit Plan Trust Holliston $19.6M $4.9M
11 Unitarian Universalist Associationemployee Benefits Trust Boston $18.2M $5.9M 75/100
12 Johnson Controls Employment Transition Benefits Plan Norton $16.3M $0
13 Pinnacle West Capital Corporation Non Union Health Benefits Trust Heritage Dr N Qu $14.7M $50.6M
14 Master Trust Agreement For Welfare Benefits Somerville $13.3M $225.1M
15 Workers Compensation Research Institute Waltham $12.6M $15.4M
16 Ophthalmic Consultants Of Boston Inc Health Welfare & Benefits Plan Waltham $10.5M $5.5M
17 Np Dr Phillips Llc Boston $10.2M $118.2M
18 Gpu Companies Basic Life Ins Plan For Non Bargaining Retirees Heritage Dr N Qu $7.9M $13.1M
19 Chmc Otolaryngologic Foundation Inc Voluntary Employees Benefit Plan Boston $7.5M $12.7M
20 Np Crosby Llc Boston $7.5M $79.2M

Mutual Benefit Nonprofits by City in Massachusetts

Boston (25) Heritage Dr N Qu (6) Springfield (2) Waltham (2) Quincy (2) Holyoke (2) Braintree (2) Amherst (2) Worcester (2) Sudbury (1) Canton (1) Lakeville (1) Norton (1) Cambridge (1) East Freetown (1)

Frequently Asked Questions

How many mutual benefit nonprofits are in Massachusetts?

There are 72 mutual benefit nonprofits in Massachusetts, classified under NTEE codes Y, with $6.2B in combined revenue.

What is the largest mutual benefit nonprofit in Massachusetts?

The largest mutual benefit nonprofit in Massachusetts by revenue is Tufts Health Public Plans Inc with $2.9B in annual revenue.

How do mutual benefit nonprofits in Massachusetts spend their money?

On average, mutual benefit nonprofits in Massachusetts spend 78% on programs, 19% on administration, and 3% on fundraising.

How can I verify a mutual benefit nonprofit in Massachusetts?

Check the organization's Mission Score, review red flags, examine spending breakdowns, and verify their IRS 990 filings on NonprofitSpending. Legitimate mutual benefit nonprofits typically spend 65%+ of their budget on programs.

Explore Mutual Benefit in Other States

California New York Texas Florida Illinois Pennsylvania

Other Sectors in Massachusetts

Arts & Culture Education Environment Health Human Services International

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