Massachusetts Higher Education Assistance Corporation
Boston, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 664 peers in Unclassified with $100M-$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $113,123,004↑38% | $95,095,168↑37% | $1,045,185,472↑11% | — |
| 2022 | $81,920,356↓34% | $69,303,434↓13% | $945,178,364↓13% | — |
| 2021 | $124,087,298↑49% | $79,908,993↑13% | $1,090,709,677↑32% | — |
| 2020 | $83,119,077↓35% | $70,563,660↓18% | $828,363,737↑10% | — |
| 2019 | $127,223,003↑3% | $85,562,817↓1% | $751,861,840↑18% | — |
| 2018 | $124,045,497↓16% | $86,528,850↓35% | $638,276,258↑9% | — |
| 2017 | $147,686,758↓10% | $133,793,648↑8% | $586,643,442↑15% | — |
| 2016 | $164,797,110↓7% | $124,142,289↓10% | $511,519,912↑9% | — |
| 2015 | $176,374,512↓34% | $138,603,816↓18% | $471,225,108↑8% | — |
| 2014 | $265,705,373↑14% | $169,255,963↓9% | $438,151,601↑17% | — |
| 2013 | $233,562,352↓2% | $184,982,412↑7% | $375,475,421↑18% | — |
| 2012 | $238,064,824↑20% | $173,126,102↑39% | $319,114,168↑36% | — |
| 2011 | $198,105,750 | $124,185,429 | $235,276,009 | — |
Frequently Asked Questions
What does Massachusetts Higher Education Assistance Corporation do?▼
Massachusetts Higher Education Assistance Corporation is a unclassified nonprofit organization based in Massachusetts. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Massachusetts Higher Education Assistance Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Massachusetts Higher Education Assistance Corporation has a score of 77/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Massachusetts Higher Education Assistance Corporation generate?▼
Massachusetts Higher Education Assistance Corporation reports $153.6M in annual revenue and holds $1.1B in total assets, based on IRS filings.
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