Nonotuck Resource Associates

Analysis

Nonotuck Resource Associates is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in August 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Nonotuck Resource Associates reported income of $50.8m and spending of $48.8m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $39.9m to $50.8m (+27%), an average of +6.2% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nonotuck Resource Associates 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 MA. Charities of a similar size with the same main cause include Berkshire County Arc Inc ($50.7m), Community Residence Inc ($50.9m) and Stand with Ukraine ($50.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $502k (1.0% of expenses). Other salaries and wages came to $12.7m. At year end it held assets of $20.3m against liabilities of $6.4m, net assets of $13.9m. It reported 320 employees.