Northern New England Employment Ser

Analysis

Northern New England Employment Ser is a registered charity in United States, based in Gorham, ME. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2024, Northern New England Employment Ser reported income of $4.8m and spending of $4.2m, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.2m to $4.8m (+48%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northern New England Employment Ser sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within ME. Charities of a similar size with the same main cause include Northern Area Local Workforce Development Board ($4.8m), Valiant Living Incorporated ($4.8m) and Entrust Community Services ($4.8m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 97% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $5.2m against liabilities of $646k, net assets of $4.6m. It reported 81 employees.