Northeast Kingdom Learning Services

Analysis

Northeast Kingdom Learning Services is a registered charity in United States, based in Newport, VT. It received its IRS tax-exemption ruling in September 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Northeast Kingdom Learning Services reported income of $3.2m and spending of $2.6m, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $3.5m to $3.2m (-8.5%), an average of -2.9% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northeast Kingdom Learning Services 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 89th percentile, and in the 89th percentile within VT. Charities of a similar size with the same main cause include Rit Campus Club Inc ($3.2m), Center for Leadership and Educational Equity ($3.2m) and Summit Montessori School ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $94k (3.6% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.7m against liabilities of $1.6m, net assets of $120k. It reported 79 employees.