Mobility Danes of New England Inc

Analysis

Mobility Danes of New England Inc is a registered charity in United States, based in Ipswich, MA. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mobility Danes of New England Inc reported income of $1.1m and spending of $835k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.1m (-11%), an average of -3.0% a year. The sharpest change came in the year to December 2023, when income rose by 112%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mobility Danes of New England 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 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Ywam Faith Harvest Helpers ($1.1m), Project Echo Inc ($1.1m) and Hospice Foundation of Jefferson County Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $85k (10% of expenses). Other salaries and wages came to $258k. At year end it held assets of $1.0m against liabilities of $132k, net assets of $902k. It reported 20 employees.