Eclc of NJ a New Jersey Non Profit Corporation

Analysis

Eclc of NJ a New Jersey Non Profit Corporation is a registered charity in United States, based in Chatham, NJ. It received its IRS tax-exemption ruling in January 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Eclc of NJ a New Jersey Non Profit Corporation reported income of $22.5m and spending of $22.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.2m to $22.5m (+31%), an average of +6.9% a year. 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, Eclc of NJ a New Jersey Non Profit Corporation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include Renaissance Academy Charter School ($22.4m), East Tennessee State University Foundation ($22.5m) and Education Service Center Region II of Texas ($22.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $924k (4.2% of expenses). Other salaries and wages came to $12.5m. At year end it held assets of $10.2m against liabilities of $6.6m, net assets of $3.5m. It reported 368 employees.