New England Association for Colombian Children Inc

Analysis

New England Association for Colombian Children Inc is a registered charity in United States, based in Wellesley HLS, MA. It received its IRS tax-exemption ruling in December 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, New England Association for Colombian Children Inc reported income of $113k and spending of $61k, leaving 46% of income unspent that year. Across the 2 years on record, from January 2023 to January 2024, income grew from $50k to $113k (+127%), an average of +127% a year. The sharpest change came in the year to January 2024, when income rose by 127%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New England Association for Colombian Children Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include Oakdale Rescue Mission ($113k), Oji Sda Sustainable Indigenous Futures ($113k) and Senior Citizens Center of Hobart Inc ($113k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 42% of the total. At year end it held assets of $193k against liabilities of $20k, net assets of $173k.