North East Multi-Regional Training Inc

Analysis

North East Multi-Regional Training Inc is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in March 1985, 41 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2023, North East Multi-Regional Training Inc reported income of $4.8m and spending of $4.5m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $4.8m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North East Multi-Regional Training Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Accelerate Great Schools ($4.8m), Treasure Valley Transit Inc ($4.8m) and Walker Senior Housing Corporation IX ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $112k (2.5% of expenses). Other salaries and wages came to $769k. At year end it held assets of $3.9m against liabilities of $1.7m, net assets of $2.1m. It reported 14 employees.