Northeast Reign Inc

Analysis

Northeast Reign Inc is a registered charity in United States, based in North Reading, MA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 July 2024, Northeast Reign Inc reported income of $126k and spending of $118k, spending 94% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $93k to $126k (+36%), an average of +36% a year. The sharpest change came in the year to July 2024, when income rose by 36%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Northeast Reign 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 43rd percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Centerville Soccer League ($126k), Sac Area Sports Inc ($126k) and United States Bowling Congress Inc ($126k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 5.0% and program service revenue 95% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.