808-812 Memorial Drive Housing Charitable Tr
Only null% goes to programs Strong reserves
808-812 Memorial Drive Housing Charitable Tr is a 501(c)(3) organization based in Cambridge, Massachusetts, registered in 1996, with $1,556,416 in FY2024 revenue. CharityIndex grades it C+.
280 Franklin St, Cambridge, MA, 02139 EIN 04-3320445 Since 1996
Revenue (FY2024)
$1.6M
▲ 5.1% vs prior year
Housing median: $408K
Expenses (FY2024)
$139K
Net assets
$55.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for 808-812 Memorial Drive Housing Charitable Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating4835 mo reserves · +91% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 808-812 Memorial Drive Housing Charitable Tr: 4835 mo reserves · +91% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for 808-812 Memorial Drive Housing Charitable Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 808-812 Memorial Drive Housing Charitable Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 280 Franklin St, Cambridge, MA, 02139
- City
- Cambridge
- State
- Massachusetts
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue declined from $1.9M (FY2013) to $1.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $14KNet assets $55.9M
Operating margin
91.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$55.9M
Total liabilities
$14K
Net assets
$55.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,556,416▲5.1% | $138,655▲71.2% | $55,868,945▲2.6% | $55,882,817▲2.6% | 990 |
| 2023 | $1,480,878▲4.2% | $81,000▲11.6% | $54,451,184▲2.6% | $54,465,056▲2.7% | 990 |
| 2022 | $1,421,310▲3.2% | $72,555▲15.8% | $53,051,306▲2.6% | $53,057,416▲2.6% | 990 |
| 2021 | $1,377,637▼30.9% | $62,675▼49.5% | $51,702,551▲2.6% | $51,708,551▲2.6% | 990 |
| 2020 | $1,994,742▼20.2% | $124,164▲47.5% | $50,387,589▲3.9% | $50,393,589▲3.9% | 990 |
| 2019 | $2,498,266▲1.2% | $84,176▼19.4% | $48,517,011▲5.2% | $48,523,011▲5.2% | 990 |
| 2018 | $2,467,768▲5.8% | $104,448▼56.4% | $46,102,921▲5.4% | $46,108,921▲5.3% | 990 |
| 2017 | $2,333,490▲6.3% | $239,614▼1.7% | $43,739,601▲5.0% | $43,769,132▲5.1% | 990 |
| 2016 | $2,195,474▲4.8% | $243,638▲12.1% | $41,645,725▲4.9% | $41,663,782▲4.9% | 990 |
| 2015 | $2,095,150▲4.9% | $217,395▲149% | $39,693,889▲5.0% | $39,711,946▲5.0% | 990 |
| 2014 | $1,997,263▲5.8% | $87,385▲80.6% | $37,816,134▲5.3% | $37,834,191▲5.3% | 990 |
| 2013 | $1,887,789 | $48,392▲7.5% | $35,911,508▲5.4% | $35,934,565▲5.4% | 990 |
| 2012 | — | $45,000▲10.4% | $34,078,981▲5.4% | $34,097,037▲5.3% | 990 |
| 2011 | — | $40,750 | $32,348,078 | $32,366,134 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Compare 808-812 Memorial Drive Housing Charitable Tr
Frequently asked questions
- Is 808-812 Memorial Drive Housing Charitable Tr a legitimate nonprofit?
- Yes. 808-812 Memorial Drive Housing Charitable Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-3320445, based in Cambridge, Massachusetts. Donations are tax-deductible.
- What is 808-812 Memorial Drive Housing Charitable Tr's EIN?
- 808-812 Memorial Drive Housing Charitable Tr's Employer Identification Number (EIN) is 04-3320445.
- How much revenue does 808-812 Memorial Drive Housing Charitable Tr report?
- 808-812 Memorial Drive Housing Charitable Tr reported $1,556,416 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does 808-812 Memorial Drive Housing Charitable Tr have?
- CharityIndex grades 808-812 Memorial Drive Housing Charitable Tr C+, based on financial health (reserves and operating margin).
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Data for 808-812 Memorial Drive Housing Charitable Tr (EIN 04-3320445) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.