Northeast Kingdom Human Services Inc

Analysis

Northeast Kingdom Human Services Inc is a registered charity in United States, based in Newport, VT. It received its IRS tax-exemption ruling in June 1964, 62 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Northeast Kingdom Human Services Inc reported income of $52.7m and spending of $51.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $38.7m to $52.7m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northeast Kingdom Human Services Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within VT. Charities of a similar size with the same main cause include Society of Photo Optical Instrumentation Engineer ($52.7m), Medstar Health Research Institute Inc ($52.8m) and Network for Hope Inc ($52.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.5% and program service revenue 91% of the total. Other salaries and wages came to $21.1m. At year end it held assets of $36.9m against liabilities of $12.4m, net assets of $24.5m. It reported 580 employees.