Neqca Accountable Care Inc

Analysis

Neqca Accountable Care Inc is a registered charity in United States, based in Burlington, MA. It received its IRS tax-exemption ruling in August 2023, 3 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Neqca Accountable Care Inc reported income of $70k and spending of $30, leaving 100% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income fell from $2.6m to $70k (-97%), an average of -97% a year. The sharpest change came in the year to September 2023, when income dropped by 97%. Over the whole period it spent 24% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Neqca Accountable Care Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 36th percentile within MA. Charities of a similar size with the same main cause include Raleigh Testicular Cancer Foundation ($70k), Teamwork Unlimited Foundation ($70k) and Asian Health Foundation Inc ($70k).

At year end it held assets of $0 against liabilities of $0, net assets of $0.