PHILANTHROPY MASSACHUSETTS INC

BOSTON, MA, 02110-1712 (617) 426-2606 Est. 1969 EIN 04-2457605
T70Z— Philanthropy & Grantmaking Form 990 501(c)(3)
WWW.PHILANTHROPYMA.ORG

Mission

TO PROMOTE THE PRACTICE AND EXPANSION OF EFFECTIVE AND RESPONSIBLE PHILANTHROPY TO IMPROVE THE HEALTH AND VITALITY OF THE REGION.

Giving Portfolio

Total Grants
417
Total Giving
$7.7M
Recipients
385
Years Active
2020 - 2024
Avg grant: $18,721 Median: $15,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202487$1.4M $17K1668
2023100$1.4M $14K2352
202271$1.4M $20K2346
202192$2.1M $23K6031
202067$1.4M $20K660

Sectors Funded

Human Services
81
Youth Development
61
Recreation & Sports
42
Education
36
Arts, Culture & Humanities
26
Community Improvement
18
Civil Rights & Advocacy
11
Environment
10
and 11 more sectors

Top States

Massachusetts
371
Illinois
22
Maine
3
Texas
3
California
3
Wisconsin
3
Florida
3
Arizona
2
and 6 more states

Grantee Size Profile

$1M - $5M
169
$5M - $10M
69
$10M - $50M
39
Over $50M
29
$100K - $500K
27
$500K - $1M
20
Under $100K
4

Top Grantees

and 15 more grantees

Grants Awarded · 377 grants

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Financials

Total Revenue
$5,544,821
Total Expenses
$5,673,697
Net Assets
$5,105,996
13 employees 29 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
10.8 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 0.6%
Expenses ↑ 20.3%
Revenue Sources
Contributions 87.0% Earned revenue 9.2% Investment 3.8%
Expense Breakdown
Program 86.2% Management 9.2% Fundraising 4.7%

Officers & Trustees (26)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 Form 990$5,544,821 $5,673,697$5,105,996
2023 Form 990$5,509,630 $4,715,953$4,724,272
2022 Form 990$5,120,194 $4,851,029$3,930,595
2021 Form 990$4,531,233 $4,379,097$3,661,430
2020 Form 990$4,159,248 $3,723,546$3,509,294

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EIN: 04-2457605 · Source: IRS Form 990 e-file data