Nonprofit screen
Screen a listMassachusetts Housing Investment Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(2)
$20Mrevenue
FY2025 · +26% in 3 yrs46staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpending
Against similar nonprofits FY2025
Operating margin38.1%
Months of reserve32.4mo
Revenue growth (annualized)+7.4%
Middle half of peersMedianMassachusetts Housing Investment
Where the money goes FY2025 · $13M spent
Programs$11M89%Management and general$1.4M11%990 FY2025 · Part IX line 25
Worth checking2
A funder worth 19% of revenue stopped after FY2022
Frank E Payne and Seba B Payne Foundation gave $3.0M in FY2022, 19% of revenue that year.
Funders’ 990-PF grant listsGovernment grants fell 76% in FY2022
$9.4M in FY2021, $2.3M in FY2022.
990 Part VIIIIn its favor1
Strong governance
15 of 16 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI7funders
$1.5Ma year, last 3 years
68%from its largest funder
Funder’17’18’19’20’21’22’23Frank E Payne and Seba B Payne FoundationOn and off$3.0MChildren's Hospital CorporationOn and off$515kE Schwartz Charitable Foundation Xxxxx7006On and off$200k$100k$100k$100kMass General Brigham Incorporated & Affiliates Group ReturnOn and off$10k$10k$10kKuehn Charitable FoundationOn and off$25kDonor-advised giftsDonors not disclosed$662k
FundedThrough a donor-advised fund