New England Center for Children Inc

Analysis

New England Center for Children Inc is a registered charity in United States, based in Southborough, MA. It received its IRS tax-exemption ruling in November 1982, 44 years ago. 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 June 2024, New England Center for Children Inc reported income of $129.2m and spending of $127.5m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $113.6m to $129.2m (+14%), an average of +3.3% a year. 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, New England Center for Children Inc sits at the 100th 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 99th percentile within MA. Charities of a similar size with the same main cause include The Research Institute of the McGill University Health Centre ($127.5m), Low Income Housing Institute ($129.3m) and Tarrant Area Food Bank ($127.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1.7m (1.4% of expenses). Other salaries and wages came to $84.7m. At year end it held assets of $93.0m against liabilities of $14.5m, net assets of $78.5m. It reported 1,148 employees.