North East Research and Education Network Inc

Analysis

North East Research and Education Network Inc is a registered charity in United States, based in Warwick, RI. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, North East Research and Education Network Inc reported income of $1.4m and spending of $1.5m, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $998k to $1.4m (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2024, when income rose by 35%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North East Research and Education Network Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within RI. Charities of a similar size with the same main cause include Nittany Christian School ($1.4m), Happiness Hill School ($1.4m) and Grace Covenant Academy ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $2.0m against liabilities of $510k, net assets of $1.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.