Northeast Osteopathic Medical Education Network

Analysis

Northeast Osteopathic Medical Education Network is a registered charity in United States, based in Biddeford, ME. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 June 2023, Northeast Osteopathic Medical Education Network reported income of $90k and spending of $91k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $123k to $90k (-27%), an average of -7.5% a year. The sharpest change came in the year to June 2022, when income rose by 29312%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northeast Osteopathic Medical Education Network sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 27th percentile within ME. Charities of a similar size with the same main cause include New Mexico Autism Society ($90k), Japanese Medical Support Network Inc ($90k) and The Bomar Club Inc ($90k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.