Northeastern Woodworkers Association Inc

Analysis

Northeastern Woodworkers Association Inc is a registered charity in United States, based in Rexford, NY. It received its IRS tax-exemption ruling in March 2019, 7 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 August 2023, Northeastern Woodworkers Association Inc reported income of $145k and spending of $131k, spending 90% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $121k to $145k (+20%), an average of +20% a year. The sharpest change came in the year to August 2023, when income rose by 20%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northeastern Woodworkers Association Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Pennsylvania Pharmacists Association Educational Foundation ($145k), Lebanon Schools Foundation ($145k) and Lohn Educational Enrichment Foundation ($145k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 45% and program service revenue 54% of the total. At year end it held assets of $288k against liabilities of $0, net assets of $288k.