Nashoba Learning Group Inc

Analysis

Nashoba Learning Group Inc is a registered charity in United States, based in Bedford, MA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Nashoba Learning Group Inc reported income of $21.6m and spending of $22.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.7m to $21.6m (+29%), an average of +6.6% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nashoba Learning Group Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Blue Mountain Christian University ($21.6m), Associated Students Inc ($21.6m) and Alumni Association of the University of Michigan ($21.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $534k (2.4% of expenses). Other salaries and wages came to $15.7m. At year end it held assets of $17.9m against liabilities of $7.1m, net assets of $10.9m. It reported 345 employees.