Theater Collaborative of South Jersey
Analysis
Theater Collaborative of South Jersey is a registered charity in United States, based in Somers Point, NJ. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Theater Collaborative of South Jersey reported income of $236k and spending of $222k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $88k to $236k (+167%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 120%. Over the whole period it spent 104% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Theater Collaborative of South Jersey 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 57th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include Shane Thurston Foundation Inc ($236k), Neodesha Community Foundation ($236k) and JT Mestdagh Foundation ($236k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $10k (4.6% of expenses). At year end it held assets of $166k against liabilities of $0, net assets of $166k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 16%
- Program services 79%
- Other 5.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Shane Thurston Foundation Inc | Thornton | $236k |
| Neodesha Community Foundation | Neodesha | $236k |
| JT Mestdagh Foundation | St CLR Shores | $236k |
| New Mexico Symphonic Chorus | Albuquerque | $236k |