Newport Service Organization

Analysis

Newport Service Organization is a registered charity in United States, based in Newport, NH. It received its IRS tax-exemption ruling in April 1993, 33 years ago. 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 September 2024, Newport Service Organization reported income of $142k and spending of $93k, leaving 34% of income unspent that year. Across the 3 years on record, from September 2022 to September 2024, income grew from $120k to $142k (+18%), an average of +8.5% a year. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Newport Service Organization sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within NH. Charities of a similar size with the same main cause include Nami Western Carolina Inc ($142k), Forward Motion Social Justice Institute ($142k) and Organization of Chinese Americans Inc ($142k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 1.3% of the total. At year end it held assets of $241k against liabilities of $0, net assets of $241k.