New England Teen Institute Inc

Analysis

New England Teen Institute Inc is a registered charity in United States, based in Auburn, NH. It received its IRS tax-exemption ruling in October 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New England Teen Institute Inc reported income of $319k and spending of $330k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $319k to $319k (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New England Teen Institute Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within NH. Charities of a similar size with the same main cause include Methow Arts Alliance ($319k), North Penn School District Educational Foundation ($319k) and Sharon Manor Homes Inc ($319k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 9.8% of the total. Compensation of current officers, directors and key employees was $60k (18% of expenses). Other salaries and wages came to $134k. At year end it held assets of $381k against liabilities of $27k, net assets of $354k. It reported 8 employees.