New England Municpal Clerks Institute & Acdemy

Analysis

New England Municpal Clerks Institute & Acdemy is a registered charity in United States, based in Mapleton, ME. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New England Municpal Clerks Institute & Acdemy reported income of $108k and spending of $95k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $8,599 to $108k (+1154%), an average of +254% a year. The sharpest change came in the year to December 2022, when income rose by 813%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New England Municpal Clerks Institute & Acdemy sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 33rd percentile within ME. Charities of a similar size with the same main cause include Dakota Ridge Instrumental Music Boosters Organization ($108k), Rotary Club of Boothbay Harbor Foundation Inc ($108k) and San Marcos High School Music Boosters ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.