Njtesol Njbe Inc

Analysis

Njtesol Njbe Inc is a registered charity in United States, based in Highland Park, NJ. It received its IRS tax-exemption ruling in May 1993, 33 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 December 2023, Njtesol Njbe Inc reported income of $625k and spending of $484k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $402k to $625k (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 286%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Njtesol Njbe Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Redbud Montessori ($624k), Friends of Forge Foundation Corp ($625k) and Aptitude Inventory Measurement Service ($624k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $854k against liabilities of $0, net assets of $854k.