Josephine M & Rita C Mastracci Charitable Foundation
Only null% goes to programs Strong reserves Declining revenue
Josephine M & Rita C Mastracci Charitable Foundation is a 501(c)(3) organization based in Boston, Massachusetts, registered in 2011, with $101,514 in FY2024 revenue. CharityIndex grades it C+.
Lwc 230 Congress St 12fl, Boston, MA, 02110 EIN 35-2409965 Since 2011
Revenue (FY2024)
$102K
▲ 57.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$100K
Net assets
$585K
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 Josephine M & Rita C Mastracci Charitable Foundation— 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 rating70 mo reserves · +2% 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 Josephine M & Rita C Mastracci Charitable Foundation: 70 mo reserves · +2% 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 Josephine M & Rita C Mastracci Charitable Foundation— 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 Josephine M & Rita C Mastracci Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Lwc 230 Congress St 12fl, Boston, MA, 02110
- City
- Boston
- State
- Massachusetts
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $41K (FY2013) to $102K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $585K
Operating margin
1.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$585K
Total liabilities
$0
Net assets
$585K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $101,514▲57.2% | $99,884▲1.8% | $585,191▲0.3% | $585,191▲0.3% | 990PF |
| 2023 | $64,590▲302% | $98,119▼13.7% | $583,561▼5.4% | $583,561▼5.4% | 990PF |
| 2022 | $16,070▼91.0% | $113,713▲19.7% | $617,090▼13.7% | $617,090▼13.7% | 990PF |
| 2021 | $178,392▲534% | $95,002▲14.9% | $714,733▲13.2% | $714,733▲13.2% | 990PF |
| 2020 | -$41,075▼179% | $82,708▲72.7% | $631,343▼16.4% | $631,343▼16.4% | 990PF |
| 2019 | $51,707▼16.1% | $47,895▲4.5% | $755,126▲0.5% | $755,126▲0.5% | 990PF |
| 2018 | $61,637▲134% | $45,823▲1.7% | $751,314▲2.2% | $751,314▲2.2% | 990PF |
| 2017 | $26,311▼70.4% | $45,066▼49.2% | $735,500▼2.5% | $735,500▼2.5% | 990PF |
| 2016 | $89,037▲71.8% | $88,765▼0.1% | $754,255 | $754,255 | 990PF |
| 2015 | $51,812▲133% | $88,814▲131% | $753,983▼4.7% | $753,983▼4.7% | 990PF |
| 2014 | $22,272▼45.4% | $38,484▼25.8% | $790,985▼2.0% | $790,985▼2.0% | 990PF |
| 2013 | $40,800 | $51,895▼10.0% | $807,197▼1.4% | $807,197▼1.4% | 990PF |
| 2012 | — | $57,665 | $818,292 | $818,292 | 990PF |
| 2011 | — | $0 | $0 | $0 | 990PF |
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.
Similar organizations in Philanthropy
Compare Josephine M & Rita C Mastracci Charitable Foundation
Frequently asked questions
- Is Josephine M & Rita C Mastracci Charitable Foundation a legitimate nonprofit?
- Yes. Josephine M & Rita C Mastracci Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-2409965, based in Boston, Massachusetts. Donations are tax-deductible.
- What is Josephine M & Rita C Mastracci Charitable Foundation's EIN?
- Josephine M & Rita C Mastracci Charitable Foundation's Employer Identification Number (EIN) is 35-2409965.
- How much revenue does Josephine M & Rita C Mastracci Charitable Foundation report?
- Josephine M & Rita C Mastracci Charitable Foundation reported $101,514 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Josephine M & Rita C Mastracci Charitable Foundation have?
- CharityIndex grades Josephine M & Rita C Mastracci Charitable Foundation C+, based on financial health (reserves and operating margin).
More nonprofits in Boston
Explore more
Data for Josephine M & Rita C Mastracci Charitable Foundation (EIN 35-2409965) 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.