Egyptian American Christian Assn

Analysis

Egyptian American Christian Assn is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in December 1982, 44 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 March 2024, Egyptian American Christian Assn reported income of $279k and spending of $324k, spending 116% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $317k to $279k (-12%), an average of -3.1% a year. The sharpest change came in the year to March 2023, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Egyptian American Christian Assn sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Nebraska Cattlemen Research and Education Foundation ($279k), Humane Society of Northwest Indiana Inc ($279k) and PCH Village Inc ($279k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $352k against liabilities of $50k, net assets of $302k.