North American Menengage Network Namen Inc

Analysis

North American Menengage Network Namen Inc is a registered charity in United States, based in Newton Center, MA. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, North American Menengage Network Namen Inc reported income of $83k and spending of $101k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $50k to $83k (+67%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 195%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North American Menengage Network Namen Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include Playhouse in San Anselmo ($83k), Bringing It Home to Oz Inc ($83k) and Destination Huntingburg ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.7% of the total. Other salaries and wages came to $22k. At year end it held assets of $30k against liabilities of $123, net assets of $30k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.