Atlantic Cape Community College

Analysis

Atlantic Cape Community College is a registered charity in United States, based in Mays Landing, NJ. It received its IRS tax-exemption ruling in September 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Atlantic Cape Community College reported income of $961k and spending of $1.0m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $961k (-4.1%), an average of -1.0% a year. The sharpest change came in the year to June 2021, when income rose by 56%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Atlantic Cape Community College sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Krayola Learning Academy Inc ($961k), Neurodiversity Education Research Center ($961k) and Kittredge Magnet School Foundation Inc ($961k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $6.3m against liabilities of $1.2m, net assets of $5.1m.