New England Dressage Association Inc

Analysis

New England Dressage Association Inc is a registered charity in United States, based in Hopkinton, MA. It received its IRS tax-exemption ruling in December 1972, 54 years ago. 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, New England Dressage Association Inc reported income of $848k and spending of $537k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $809k to $848k (+4.9%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 417%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New England Dressage Association Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include International Association of Medical Science Educators ($848k), Boys & Girls Clubs of the Black Hills ($848k) and Julia de Burgos Cultural Arts Center ($848k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 47% of the total. At year end it held assets of $977k against liabilities of $84k, net assets of $893k.