Northeast Document Conservation

Analysis

Northeast Document Conservation is a registered charity in United States, based in Andover, MA. It received its IRS tax-exemption ruling in March 1974, 52 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Northeast Document Conservation reported income of $5.6m and spending of $6.0m, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.3m to $5.6m (+70%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northeast Document Conservation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Circle Lodge-Camp Kinder Ring of the Workmens Circle Incorporated ($5.6m), Tampa Museum of Art Inc ($5.6m) and Turtle Bay Exploration Park ($5.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $271k (4.6% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $8.4m against liabilities of $3.6m, net assets of $4.9m. It reported 60 employees.