Rutgers Learning Network Inc

Analysis

Rutgers Learning Network Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in June 2005, 21 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 December 2023, Rutgers Learning Network Inc reported income of $1.7m and spending of $1.7m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $794k to $1.7m (+111%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rutgers Learning Network Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Seattle Jazzed ($1.7m), Christian Chronicle Inc ($1.7m) and Minnesota Transportation Museum Inc ($1.7m).

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 $133k (8.0% of expenses). Other salaries and wages came to $415k. At year end it held assets of $479k against liabilities of $252k, net assets of $227k. It reported 13 employees.