Jackson Liberty Band Parents and Students Association Inc

Analysis

Jackson Liberty Band Parents and Students Association Inc is a registered charity in United States, based in Jackson, NJ. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Jackson Liberty Band Parents and Students Association Inc reported income of $102k and spending of $148k, spending 145% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $142k to $102k (-28%), an average of -28% a year. The sharpest change came in the year to June 2024, when income dropped by 28%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jackson Liberty Band Parents and Students Association Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 45th percentile within NJ. Charities of a similar size with the same main cause include Wearethesoluton ($102k), Miami Orthopaedic Research Foundation Inc ($102k) and El Toro High School Baseballboosters Inc ($102k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.6% and program service revenue 85% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.