Mcphs
Overview
Mission
Working to create a healthier, more equitable world since 1823. In spite of the extraordinary challenges that we all face these days, we are entering 2026 with unprecedented opportunities that continue to advance our mission and inspire our Community. The foundation that we have built–centered around our core values of support, inclusion, compassion, respect, and kindness–gives us the confidence to achieve our aspirational goals and reach our potential. We are proud to be a leader in health and life sciences education with a passionate commitment to preparing our graduates for lifelong, rewarding, and impactful careers. Through classroom training and experiential learning, there are more opportunities than ever for students to practice their skills and a.
What it reported doing in 2024
The university provided educational programs to students pursuing undergraduate and graduate degrees in pharmacy and health science disciplines.
Operating model
- Revenue model
- Earned-program. 85% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 75% for direct work, and 25% for grants.
Nonprofit profile at a glance
- EIN
- 042104700
- IRS 990 coverage
- 2009–2024
- Website reviewed
- Jul 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Headquarters
- Boston, MA, United States
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Universities
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and the website gives limited detail about important organizational relationships.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 82
- Accountability: 92
- Sustainability: 85
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.4%; rating input score 67
- Program expense ratio: 90.6%; rating input score 91
- Fundraising efficiency: $3.44 raised per $1 spent on fundraising; rating input score 13; 13th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: 1 of 8 controls in place; rating input score 12
- Public policy transparency: 2 of 7 controls in place; rating input score 29
- Public financial transparency: 0 of 5 controls in place; rating input score 0
- Impact reporting controls: 0 of 7 controls in place; rating input score 0
- Public relationship transparency: No; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 76th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Public governance controls: 1 of 4 controls in place; rating input score 25
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 33.6%; rating input score 93; 93rd percentile among comparable filings
- Operating reserve ratio: 8.09; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 87; 87th percentile among comparable filings
- Officer compensation ratio: 2.8%; rating input score 41; 41st percentile among comparable filings
Growth
- Program expense growth: 6.6% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 5.7% per year; rating input score 100; 50th percentile among comparable filings
- Asset growth: 10.8% per year; rating input score 100; 73rd percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site
- Where the money goes: 67.4% of revenue deployed · 90.6% of spending went to programs
- Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $274.7M in reported program spending
- Leadership: top reported pay $1.8M · 29 people listed · 6 of 6 pay-setting controls reported
- Consistency: 37 of 37 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 annual filings from 2009 to 2024
- Money network: 15 filed money-flow records