North Atlantic Conference Incorporated
Analysis
North Atlantic Conference Incorporated is a registered charity in United States, based in Whitingham, VT. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2024, North Atlantic Conference Incorporated reported income of $526k and spending of $405k, leaving 23% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $238k to $526k (+121%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 42%. Over the whole period it spent 93% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Atlantic Conference Incorporated sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 66th percentile within VT. Charities of a similar size with the same main cause include Burlington Community Pool Corp ($526k), West Marin Youth Soccer League Inc ($526k) and Iowa Pga Foundation ($526k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $142k (35% of expenses). Other salaries and wages came to $51k. At year end it held assets of $277k against liabilities of $0, net assets of $277k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Program services 0.3%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Burlington Community Pool Corp | Burlington | $526k |
| West Marin Youth Soccer League Inc | Fairfax | $526k |
| Iowa Pga Foundation | Riverside | $526k |
| Salem Basketball Officials Assn | Salem | $526k |