Northeast Radio Observatory Corporation

Analysis

Northeast Radio Observatory Corporation is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in November 1967, 59 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Northeast Radio Observatory Corporation reported income of $2.5m and spending of $2.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $616k to $2.5m (+306%), an average of +42% a year. The sharpest change came in the year to June 2022, when income rose by 1058%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northeast Radio Observatory Corporation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Betty Brinn Childrens Museum ($2.5m), Music Center Foundation ($2.5m) and Laramie Plains Museum Association Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $864k against liabilities of $825k, net assets of $39k.