New England Quarterly Inc

Analysis

New England Quarterly Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 1980, 46 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 June 2023, New England Quarterly Inc reported income of $200k and spending of $183k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $182k to $200k (+9.9%), an average of +3.2% a year. The sharpest change came in the year to June 2021, when income rose by 54%. 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, New England Quarterly Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include St Paul Labor Studies & Resource Center ($200k), Little League Baseball Inc ($200k) and Bill Hull Ministries ($200k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 39% of the total. At year end it held assets of $1.6m against liabilities of $35k, net assets of $1.5m.