Sparta Education Foundation a NJ Nonprofit Corporation

Analysis

Sparta Education Foundation a NJ Nonprofit Corporation is a registered charity in United States, based in Sparta, NJ. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sparta Education Foundation a NJ Nonprofit Corporation reported income of $118k and spending of $177k, spending 151% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $116k to $118k (+1.0%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 116%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sparta Education Foundation a NJ Nonprofit Corporation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 49th percentile within NJ. Charities of a similar size with the same main cause include Christian Star Academy Inc ($118k), Mandela Learning Village Incorporated ($118k) and Steam Dojo ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.