Massachusetts Health & Hospital Assoc Inc
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Massachusetts Health & Hospital Assoc Inc is a 501(c)(6) organization based in Burlington, Massachusetts, registered in 1943, with $13,634,427 in FY2023 revenue. CharityIndex grades it B.
500 District Ave, Burlington, MA, 01803 EIN 04-2106700 Since 1943
Revenue (FY2023)
$13.6M
▼ 0.6% vs prior year
Expenses (FY2023)
$12.8M
Net assets
$12.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Massachusetts Health & Hospital Assoc Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +6% 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 Massachusetts Health & Hospital Assoc Inc: 12 mo reserves · +6% margin earns a A 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 Massachusetts Health & Hospital Assoc Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Massachusetts Health & Hospital Assoc Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 500 District Ave, Burlington, MA, 01803
- City
- Burlington
- State
- Massachusetts
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $11.3M (FY2013) to $13.6M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $6.6MNet assets $12.9M
Operating margin
6.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$19.6M
Total liabilities
$6.6M
Net assets
$12.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $13,634,427▼0.6% | $12,767,048▲8.2% | $12,948,479▲12.2% | $19,575,357▲0.8% | 990 |
| 2022 | $13,723,599▲10.0% | $11,802,861▲3.9% | $11,544,636▲24.7% | $19,428,216▲23.4% | 990 |
| 2021 | $12,472,457▲13.6% | $11,357,655▼8.5% | $9,255,263▼9.1% | $15,745,264▼15.0% | 990 |
| 2020 | $10,974,960▼0.9% | $12,418,942▲18.1% | $10,187,327▼4.9% | $18,521,791▼18.5% | 990 |
| 2019 | $11,071,435▼65.2% | $10,519,868▼53.9% | $10,711,063▲9.6% | $22,738,188▲26.5% | 990 |
| 2018 | $31,794,019▲164% | $22,837,866▼5.9% | $9,775,336▲896% | $17,968,549▼36.8% | 990 |
| 2017 | $12,036,556▲5.2% | $24,267,768▲119% | $981,082▼92.6% | $28,434,258▲24.0% | 990 |
| 2016 | $11,438,384▼1.9% | $11,077,029▲3.3% | $13,311,000▲17.4% | $22,925,101▲13.4% | 990 |
| 2014 | $11,654,648▲3.2% | $10,718,753▼4.9% | $11,338,100▲1.3% | $20,218,771▲1.4% | 990 |
| 2013 | $11,297,754 | $11,274,005▲11.9% | $11,189,504▲2.8% | $19,932,411▲1.0% | 990 |
| 2012 | — | $10,071,848▲2.5% | $10,880,201▲11.4% | $19,742,497▲11.9% | 990 |
| 2011 | — | $9,827,528▼2.9% | $9,764,403▲70.0% | $17,641,096▲26.9% | 990 |
| 2010 | — | $10,120,069▼1.7% | $5,744,390▲16.6% | $13,901,786▲8.0% | 990 |
| 2009 | — | $10,292,207 | $4,926,320 | $12,875,406 | 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.
Frequently asked questions
- Is Massachusetts Health & Hospital Assoc Inc a legitimate nonprofit?
- Yes. Massachusetts Health & Hospital Assoc Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 04-2106700, based in Burlington, Massachusetts.
- What is Massachusetts Health & Hospital Assoc Inc's EIN?
- Massachusetts Health & Hospital Assoc Inc's Employer Identification Number (EIN) is 04-2106700.
- How much revenue does Massachusetts Health & Hospital Assoc Inc report?
- Massachusetts Health & Hospital Assoc Inc reported $13,634,427 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Massachusetts Health & Hospital Assoc Inc have?
- CharityIndex grades Massachusetts Health & Hospital Assoc Inc B, based on financial health (reserves and operating margin).
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Data for Massachusetts Health & Hospital Assoc Inc (EIN 04-2106700) 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.