Northeast Contemporary Services Inc

Analysis

Northeast Contemporary Services Inc is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in October 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northeast Contemporary Services Inc reported income of $1.6m and spending of $1.1m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.6m (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northeast Contemporary Services Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Hole Food Rescue Corp ($1.6m), Elmhurst the House of Friendship Inc ($1.6m) and Rican-Rhode Island Center Assisting Those in Need ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $99k (8.8% of expenses). Other salaries and wages came to $303k. At year end it held assets of $2.5m against liabilities of $292k, net assets of $2.2m. It reported 7 employees.