North East Educational and Developmental Supports Center Inc

Analysis

North East Educational and Developmental Supports Center Inc is a registered charity in United States, based in Andover, MA. It received its IRS tax-exemption ruling in October 2014, 12 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 June 2023, North East Educational and Developmental Supports Center Inc reported income of $33.3m and spending of $31.7m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.3m to $33.3m (+170%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North East Educational and Developmental Supports Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Carroll Lutheran Village Inc ($33.2m), Emergency Food Network of Tacoma and Pierce County ($33.4m) and Jay Nolan Community Services Inc ($33.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $748k (2.4% of expenses). Other salaries and wages came to $19.9m. At year end it held assets of $24.5m against liabilities of $17.7m, net assets of $6.7m. It reported 422 employees.