Old Barracks Association

Analysis

Old Barracks Association is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in January 1944, 82 years ago. 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 June 2023, Old Barracks Association reported income of $937k and spending of $814k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $989k to $937k (-5.3%), an average of -1.3% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Old Barracks Association sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Childrens Adventure Center Inc ($937k), Diabetes Camping & Educational Services Inc ($937k) and Epic Youth Education Inc ($937k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $132k (16% of expenses). Other salaries and wages came to $349k. At year end it held assets of $620k against liabilities of $57k, net assets of $563k. It reported 17 employees.