Regional Services and Education Center Inc

Analysis

Regional Services and Education Center Inc is a registered charity in United States, based in Amherst, NH. It received its IRS tax-exemption ruling in January 1990, 36 years ago. 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 2024, Regional Services and Education Center Inc reported income of $5.7m and spending of $5.5m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.2m to $5.7m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Regional Services and Education Center Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NH. Charities of a similar size with the same main cause include Fit Academy ($5.7m), Glynwood Center Inc ($5.7m) and Christian Retirement Center of Northern Calif ($5.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.8% and program service revenue 96% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $5.6m against liabilities of $82k, net assets of $5.5m. It reported 82 employees.