New England Society of Allergy Inc

Analysis

New England Society of Allergy Inc is a registered charity in United States, based in Bangor, ME. It received its IRS tax-exemption ruling in January 1980, 46 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 December 2023, New England Society of Allergy Inc reported income of $95k and spending of $80k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $95k (+92%), an average of +92% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New England Society of Allergy Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 29th percentile within ME. Charities of a similar size with the same main cause include 1st Way Pregnancy Support Center Inc ($95k), Little League Baseball Inc ($95k) and Salina Charities League Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 91% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.