Nashua Adult Learning Center Inc

Analysis

Nashua Adult Learning Center Inc is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in April 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Nashua Adult Learning Center Inc reported income of $5.1m and spending of $5.2m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.4m to $5.1m (+16%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nashua Adult Learning Center Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NH. Charities of a similar size with the same main cause include Montessori of Maui Inc ($5.1m), Youngstown Community School Inc ($5.1m) and Esf II Inc ($5.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $249k (4.8% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $5.2m against liabilities of $321k, net assets of $4.9m. It reported 201 employees.