Northeast Weld Drylander Inc

Analysis

Northeast Weld Drylander Inc is a registered charity in United States, based in Stoneham, CO. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Weld Drylander Inc reported income of $80k and spending of $53k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $80k (+91%), an average of +91% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northeast Weld Drylander Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 27th percentile within CO. Charities of a similar size with the same main cause include Cma Education Foundation Inc ($80k), MWHS Boys Hockey Boosters ($80k) and Parent Booster USA Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $288k against liabilities of $0, net assets of $288k.