Junior Achievement of New Jersey

Analysis

Junior Achievement of New Jersey is a registered charity in United States, based in Edison, NJ. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2024, Junior Achievement of New Jersey reported income of $2.6m and spending of $2.8m, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.7m to $2.6m (-4.4%), an average of -1.1% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Junior Achievement of New Jersey sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Gods Child Project ($2.6m), Michael and Mauritia Patcha Foundation Inc ($2.6m) and Pacific Council on International Policy ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $513k (18% of expenses). Other salaries and wages came to $832k. At year end it held assets of $2.8m against liabilities of $1.1m, net assets of $1.7m. It reported 34 employees.