Foundation for Student Communication Inc

Analysis

Foundation for Student Communication Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in July 1973, 53 years ago. 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 April 2024, Foundation for Student Communication Inc reported income of $649k and spending of $629k, spending 97% of its income. Across the 6 years on record, from April 2019 to April 2024, income fell from $661k to $649k (-1.8%), an average of -0.4% a year. The sharpest change came in the year to April 2022, when income rose by 49%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for Student Communication Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Etna Commons Inc ($649k), New Horizons Crisis Center ($649k) and Socratus Collective Wisdom Corporation ($649k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 1.5% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $25k (4.0% of expenses). Other salaries and wages came to $37k. At year end it held assets of $3.3m against liabilities of $13k, net assets of $3.3m. It reported 18 employees.