Merrimack Valley Immigrant and Education Center Inc

Analysis

Merrimack Valley Immigrant and Education Center Inc is a registered charity in United States, based in Lawrence, MA. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Merrimack Valley Immigrant and Education Center Inc reported income of $215k and spending of $218k, spending 101% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $242k to $215k (-11%), an average of -11% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Merrimack Valley Immigrant and Education Center Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include The Joy Fund Foundation ($215k), Gaston Arts Council ($215k) and The Healthcare Council Inc ($215k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 16% of the total. Other salaries and wages came to $103k. At year end it held assets of $249k against liabilities of $8,538, net assets of $241k. It reported 11 employees.