New England Malayalee Association

Analysis

New England Malayalee Association is a registered charity in United States, based in N Chelmsford, MA. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 September 2023, New England Malayalee Association reported income of $146k and spending of $124k, spending 85% of its income. Across the 3 years on record, from September 2021 to September 2023, income grew from $51k to $146k (+185%), an average of +69% a year. The sharpest change came in the year to September 2022, when income rose by 121%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New England Malayalee Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include Star Spangled Banner Flag House Association Incorporated ($146k), Garden State Cultural Association Inc ($146k) and Chhandam Institute of Kathak Dance Inc ($146k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.