Northeastern Society of Plastic

Analysis

Northeastern Society of Plastic is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in August 1987, 39 years ago. 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, Northeastern Society of Plastic reported income of $348k and spending of $368k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $348k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 143%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northeastern Society of Plastic sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Companions of Christ the Lamb Inc ($348k), Sonoma County Affordable Homes Inc ($348k) and Living Hope Pregnancy Center ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 73% of the total. At year end it held assets of $257k against liabilities of $0, net assets of $257k.