Ateneo Dominicano de Nueva Inglaterra

Analysis

Ateneo Dominicano de Nueva Inglaterra is a registered charity in United States, based in Lawrence, MA. It received its IRS tax-exemption ruling in March 2023, 3 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 December 2023, Ateneo Dominicano de Nueva Inglaterra reported income of $198k and spending of $198k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $136k to $198k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ateneo Dominicano de Nueva Inglaterra sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Gallery Night of Pensacola Inc ($198k), Arts on Tap Inc ($198k) and Stone Soup Theater ($198k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.