New England Inns and Resorts Association Educational Foundation

Analysis

New England Inns and Resorts Association Educational Foundation is a registered charity in United States, based in Stratham, NH. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New England Inns and Resorts Association Educational Foundation reported income of $77k and spending of $14k, leaving 82% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $77k (+12%), an average of +12% a year. Over the whole period it spent 18% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New England Inns and Resorts Association Educational Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within NH. Charities of a similar size with the same main cause include Akron Music Parents Association Inc ($77k), Parent Booster USA Inc ($77k) and North Central Esd Educational Foundation ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $196k against liabilities of $1,179, net assets of $195k.