The Northeastern Foundation

Analysis

The Northeastern Foundation is a registered charity in United States, based in Manchester, PA. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Northeastern Foundation reported income of $121k and spending of $247k, spending 204% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $48k to $121k (+154%), an average of +36% a year. The sharpest change came in the year to June 2021, when income rose by 117%. Over the whole period it spent 140% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Northeastern Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include Baltimore Underground Science Space ($121k), Dekalb County Horsemens Association ($121k) and Applied Technology Foundation ($121k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $653k against liabilities of $0, net assets of $653k.