New England Anime Society Inc

Analysis

New England Anime Society Inc is a registered charity in United States, based in Somerville, MA. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, New England Anime Society Inc reported income of $2.6m and spending of $2.9m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.6m (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 23734%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, New England Anime Society Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Aurelia Foundation ($2.6m), Boris Henson Foundation Inc ($2.6m) and Spinks Family Foundation ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $726k against liabilities of $322, net assets of $726k.