Northeast 3dm Hub

Analysis

Northeast 3dm Hub is a registered charity in United States, based in Lyman, ME. It received its IRS tax-exemption ruling in December 2018, 8 years ago. 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 3dm Hub reported income of $72k and spending of $97k, spending 135% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $122k to $72k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northeast 3dm Hub sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 21st percentile within ME. Charities of a similar size with the same main cause include Exchange Club Ctr for the Prevnt of Child Abuse of the Space Coast Inc ($72k), Casino Chip & Gaming Token Collectors Club Inc ($72k) and Bright Beginnings Preschool ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.