Headache Cooperative of New England Inc

Analysis

Headache Cooperative of New England Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Headache Cooperative of New England Inc reported income of $454k and spending of $556k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $682k to $454k (-33%), an average of -9.7% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Headache Cooperative of New England Inc sits at the 67th percentile: it is larger than about 66% 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 Building a Generation ($454k), Folds of Honor Foundation ($454k) and Independent Council on Womens Sports ($454k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $116k (21% of expenses). At year end it held assets of $37k against liabilities of $0, net assets of $37k.

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.