New Jersey Citizen Action Education Fund Inc

Analysis

New Jersey Citizen Action Education Fund Inc is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in April 1986, 40 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Jersey Citizen Action Education Fund Inc reported income of $3.6m and spending of $4.2m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.6m (+33%), an average of +7.5% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Jersey Citizen Action Education Fund Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Community Development Corporation of Boston Inc ($3.6m), Saint Pauls School ($3.6m) and Community Link Programs of Traveler Aid Society of Central Carolinas I ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $419k (10% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.9m against liabilities of $1.2m, net assets of $1.8m. It reported 60 employees.