Head Start Community Program of Morris County

Analysis

Head Start Community Program of Morris County is a registered charity in United States, based in Dover, NJ. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Head Start Community Program of Morris County reported income of $7.5m and spending of $6.6m, spending 89% of its income. Across the 6 years on record, from February 2020 to June 2024, income grew from $4.6m to $7.5m (+64%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 253%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Head Start Community Program of Morris County sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Computer Science Teachers Association LLC ($7.5m), Accrediting Commission for Schools Western Association of Schools an ($7.5m) and Green Tech High Charter School ($7.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $271k (4.1% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $3.7m against liabilities of $420k, net assets of $3.3m. It reported 132 employees.