New Jersey Council for the Humanities Inc

Analysis

New Jersey Council for the Humanities Inc is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in March 1979, 47 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 October 2023, New Jersey Council for the Humanities Inc reported income of $1.6m and spending of $1.9m, spending 114% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.1m to $1.6m (+43%), an average of +9.4% a year. The sharpest change came in the year to October 2020, when income rose by 88%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Jersey Council for the Humanities 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 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Hasty Pudding Club the Institute of 1770 ($1.6m), Western International Band Clinic ($1.6m) and Triple Aught Foundation ($1.6m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $155k (8.4% of expenses). Other salaries and wages came to $334k. At year end it held assets of $2.2m against liabilities of $64k, net assets of $2.2m. It reported 7 employees.