Nek Little Ones

Analysis

Nek Little Ones is a registered charity in United States, based in Newport Ctr, VT. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Nek Little Ones reported income of $140k and spending of $114k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $140k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nek Little Ones sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 35th percentile within VT. Charities of a similar size with the same main cause include St Monica School Endowment Trust ($140k), Encinal High School Booster Club ($140k) and Wilson Community Library ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $52k (46% of expenses). Other salaries and wages came to $32k. At year end it held assets of $83k against liabilities of $2,683, net assets of $80k. It reported 5 employees.