Imsa New Jersey Section Non Profit Corp

Analysis

Imsa New Jersey Section Non Profit Corp is a registered charity in United States, based in Manville, NJ. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation that tests for public safety under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Imsa New Jersey Section Non Profit Corp reported income of $307k and spending of $252k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $197k to $307k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Imsa New Jersey Section Non Profit Corp sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Sandy-Mesquite Valley Educational Foundation ($307k), Pittsburgh Fellows ($307k) and Fireworkd Foundation Inc ($307k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $145k against liabilities of $0, net assets of $145k.