South Jersey Jazz Society Inc

Analysis

South Jersey Jazz Society Inc is a registered charity in United States, based in Somers Point, NJ. It received its IRS tax-exemption ruling in August 2004, 22 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, South Jersey Jazz Society Inc reported income of $73k and spending of $63k, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $54k to $73k (+35%), an average of +35% a year. The sharpest change came in the year to June 2024, when income rose by 35%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Jersey Jazz Society Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 36th percentile within NJ. Charities of a similar size with the same main cause include Corry Rail and Industrial Legacy Society Inc ($73k), Rainier Symphony ($73k) and Appelo Archives Center ($73k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 31% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.