Massey University Students' Association Palmerston North Incorporated — Education Charity in Palmerston North
Massey University Students' Association Palmerston North Incorporated is a Trust charity in the Education sector, based in Palmerston North, Palmerston North. CharityData rates this charity F (33.3/100). Annual revenue: $1.7M NZD. 1 red flag detected. Financial data as at December 2024.
Mission: MUSA believe that university should be the best time of a students’ life. MUSA was incorporated to support Manawatu students to foster and further the educational, cultural, social and sporting life of the student community at large, the University, and the members of the Association as widely as possible.
- Registration Number
- CC33798
- Charity Type
- Trust
- Registration Date
- 2008-06-30
- Status
- Active
- CharityData Rating
- F (33.3/100)
- Sector
- Education
- Location
- Palmerston North, Palmerston North
- Website
- https://www.tetiraahupae.ac.nz
- j.collings@tetiraahupae.ac.nz
- Data as at
- December 2024
Financial Summary
- Total Revenue
- $1.7M NZD
- Total Expenses
- $1.6M NZD
- Total Assets
- $4.2M NZD
- Net Assets
- $3.1M NZD
- Reserve Months
- 22.7 months of operating expenses
- Volunteers
- 1
- Financial Year End
- 2024-12-31
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2024 | $1.7M | $1.6M | $3.1M |
| 2023 | $1.6M | $1.7M | $3.0M |
| 2022 | $2.3M | $2.3M | $3.1M |
| 2021 | $2.3M | $2.5M | $3.1M |
| 2020 | $2.4M | $2.6M | $3.3M |
| 2019 | $2.4M | $2.6M | $3.5M |
| 2018 | $2.3M | $2.4M | $3.8M |
| 2017 | $2.3M | $2.2M | $3.8M |
| 2016 | $2.2M | $2.3M | $3.8M |
| 2015 | $2.0M | $2.1M | $3.9M |
CharityData Rating
- Overall Grade
- F
- Overall Score
- 33.3/100
- Financial Score
- 54.7
- Governance Score
- 50
- Transparency Score
- 50
Red Flags
- Holding 22.7 months of expenses in reserves ($3.1M) — above the 18-month threshold
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EducationTrust
Massey University Students' Association Palmerston North Incorporated
CC33798Palmerston North, Palmerston NorthRegistered 30 Jun 2008
Data updated: Today
Financials31 Dec 2024Rating15h ago
Financial data as at December 2024. Sourced from Charities Services register.
F
33/100
Reduced by penalties
Financial
55
Governance
50
Transparency
50
Revenue
$1.7M
Expenses
$1.6M
Assets
$4.2M
Financial data from Charities Services annual return (FY2024). Ratings calculated using CharityData v3.1.1 methodology.
1 red flag identified- Review the Rating tab for details
This rating may reflect incomplete data
This charity's grade of Fis based on limited data from the NZ Charities Register, which does not provide detailed expense breakdowns. Without verified program vs admin spending, efficiency scoring is unavailable and the financial score relies on health metrics only. This charity's actual performance may differ from what the available data suggests.
About
Mission
MUSA believe that university should be the best time of a students’ life. MUSA was incorporated to support Manawatu students to foster and further the educational, cultural, social and sporting life of the student community at large, the University, and the members of the Association as widely as possible.
Key Statistics
Annual Revenue
$1.7M
Total Expenses
$1.6M
Net Assets
$3.1M
Volunteers
1
Financial Trends
Financial Trends (17 Years)
Expense Breakdown
API DataBased on annual return data. Detailed program/admin breakdown not available.
Financial Health Dashboard
Cents to the Cause
100c
For every $1 spent, 100c reaches programs
Strong
Sustainability
3.2mo
Could operate 3.2 months with zero revenue
Low reserves
Fundraising Cost
-
No fundraising data
No data
Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology
Revenue Diversification
0
Score /100
Highly Concentrated
HHI: 10,000
High Concentration: 100% of revenue from Other
Other100.0%
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 27 peers · Education · $1M – $10M
Rating Score
33
Revenue
$1.7M
Reserve Months
22.7
Surplus
$52K
Staff Cost %
0%
Top Peers in Group
Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.
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Claim This ProfileContact Details
Registration
Registration NumberCC33798
Entity TypeTrust
Registered30 Jun 2008
StatusRegistered
Sector & Activities
Primary Sector
EducationData sourced from Charities Services register and publicly available annual returns. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@charitydata.co.nz. For informational purposes only. Not investment advice. Last updated: 22 April 2026.
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