Northeastern Baptist College Inc

Analysis

Northeastern Baptist College Inc is a registered charity in United States, based in Bennington, VT. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Northeastern Baptist College Inc reported income of $3.0m and spending of $2.9m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.6m to $3.0m (+18%), an average of +5.6% a year. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northeastern Baptist College Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within VT. Charities of a similar size with the same main cause include Precious Promise Academy Inc ($3.0m), Harmony Heights School ($3.0m) and Peru State College Foundation Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $229k (7.9% of expenses). Other salaries and wages came to $876k. It paid $11k in professional fundraising fees. At year end it held assets of $3.6m against liabilities of $3.6m, net assets of $27k. It reported 36 employees.