Logo for "PHILANTHROPY MASSACHUSETTS, INC."

PHILANTHROPY MASSACHUSETTS, INC.

PHILANTHROPY MASSACHUSETTS, INC.

BOSTON, MA, US
•
a.k.a Philanthropy MA
•
501(c)(3)
•
EIN
04-2457605
•
WWW.PHILANTHROPYMA.ORG
•
•
Regional Funder
BIPOC Led
LGBTQ+ Led
Logo for "PHILANTHROPY MASSACHUSETTS, INC."

PHILANTHROPY MASSACHUSETTS, INC.

BOSTON, MA, US
•
a.k.a Philanthropy MA
•
501(c)(3)
•
EIN
04-2457605
•
WWW.PHILANTHROPYMA.ORG
•
•
Regional Funder
BIPOC Led
LGBTQ+ Led
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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Board & Team
Financials
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Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$5,544,821

Contributions
76%
Membership Dues
11%
Program Services
9%
Investments
4%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Expenses in 2024

$5,673,697

Other
39%
Grants
32%
Salaries & Benefits
21%
Offices, Occupancy & IT
4%
Fees to Service Providers
3%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$4,324,256
$4,228,831
-2%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$387,282
$510,489
+32%
Membership Dues
$647,793
$597,542
-8%
Investments
$150,299
$203,616
+35%
Other
$0
$4,343
-
Total Revenues
$5,509,630
$5,544,821
+1%
Expenses
2023
2024
Change
Grants
$1,605,751
$1,815,725
+13%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,089,470
$1,176,646
+8%
Fees to Service Providers
$924,661
$176,976
-81%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$209,348
$232,501
+11%
Interest
$0
$0
-
Depreciation
$0
$37,269
-
Other
$886,723
$2,234,580
+152%
Total Expenses
$4,715,953
$5,673,697
+20%
Net income
2023
2024
Change
Net income
+$793,677
-$128,876
-116%
Functional Expenses
Summary
2023
2024
Change
Program
$4,200,698
$4,889,584
+16%
Admin
$328,645
$519,514
+58%
Fundraising
$186,610
$264,599
+42%
Total Expenses
$4,715,953
$5,673,697
+20%
Income Statement
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