New England Poetry Club Inc

Analysis

New England Poetry Club Inc is a registered charity in United States, based in Revere, MA. It received its IRS tax-exemption ruling in January 1975, 51 years ago. 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 December 2023, New England Poetry Club Inc reported income of $166k and spending of $15k, leaving 91% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $11k to $166k (+1464%), an average of +1464% a year. The sharpest change came in the year to December 2023, when income rose by 1464%. Over the whole period it spent 15% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New England Poetry Club Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Madonna Circle ($166k), Marion County Historical Society ($166k) and St Anthonys Catholic School Endowment Fund Inc ($166k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $266k against liabilities of $1,366, net assets of $265k.