New England Conference of Public Utilities Commissioners Inc

Analysis

New England Conference of Public Utilities Commissioners Inc is a registered charity in United States, based in Essex, VT. It received its IRS tax-exemption ruling in October 1978, 48 years ago. 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 September 2023, New England Conference of Public Utilities Commissioners Inc reported income of $396k and spending of $413k, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $364k to $396k (+8.7%), an average of +2.1% a year. The sharpest change came in the year to September 2022, when income rose by 992%. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New England Conference of Public Utilities Commissioners Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 60th percentile within VT. Charities of a similar size with the same main cause include Little League Baseball Inc ($396k), Rock Foundation Inc ($396k) and International Symposium on Electron Ion and Photon Beams Inc ($396k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 36% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $111k (27% of expenses). At year end it held assets of $390k against liabilities of $0, net assets of $390k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.