Multistate Association for Bilingual Education-Northeast Inc

Analysis

Multistate Association for Bilingual Education-Northeast Inc is a registered charity in United States, based in Ashland, MA. It received its IRS tax-exemption ruling in August 1986, 40 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 August 2024, Multistate Association for Bilingual Education-Northeast Inc reported income of $452k and spending of $423k, spending 94% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $264k to $452k (+71%), an average of +11% a year. The sharpest change came in the year to August 2023, when income rose by 68%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Multistate Association for Bilingual Education-Northeast Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Outside in Theatre ($452k), Precious One Learning Center Inc ($452k) and Katha Dance Theatre ($452k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 1.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $94k (22% of expenses). Other salaries and wages came to $23k. At year end it held assets of $244k against liabilities of $1,009, net assets of $243k. It reported 3 employees.