New England Villages Inc

Analysis

New England Villages Inc is a registered charity in United States, based in Pembroke, MA. It received its IRS tax-exemption ruling in June 1967, 59 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, New England Villages Inc reported income of $15.7m and spending of $16.8m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.5m to $15.7m (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New England Villages Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Central Arkansas Area Agency on Aging Inc ($15.7m), Young Mens Christian Association of Columbia Willamette ($15.7m) and Special Needs Network Inc ($15.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $380k (2.3% of expenses). At year end it held assets of $44.5m against liabilities of $1.6m, net assets of $43.0m. It reported 282 employees.