Nackey S Loeb School of Communications Inc

Analysis

Nackey S Loeb School of Communications Inc is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in July 2000, 26 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 December 2023, Nackey S Loeb School of Communications Inc reported income of $1.2m and spending of $259k, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $367k to $1.2m (+240%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 249%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nackey S Loeb School of Communications Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NH. Charities of a similar size with the same main cause include Surry Village Charter School ($1.2m), South Seattle Community College Foundation ($1.2m) and The Reading Foundation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $82k (32% of expenses). Other salaries and wages came to $15k. At year end it held assets of $4.3m against liabilities of $54k, net assets of $4.2m. It reported 2 employees.