New Jersey Association of Student Financial Aid Administrators Inc

Analysis

New Jersey Association of Student Financial Aid Administrators Inc is a registered charity in United States, based in Piscataway, NJ. It received its IRS tax-exemption ruling in January 1987, 39 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 May 2024, New Jersey Association of Student Financial Aid Administrators Inc reported income of $108k and spending of $142k, spending 131% of what it took in. Across the 5 years on record, from June 2020 to May 2024, income grew from $44k to $108k (+145%), an average of +25% a year. The sharpest change came in the year to May 2023, when income dropped by 100%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Jersey Association of Student Financial Aid Administrators Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 47th percentile within NJ. Charities of a similar size with the same main cause include Gemara Academy Inc ($108k), Startree107 ($108k) and Little League Baseball Inc ($108k).

On its Form 990-EZ for the period ending May 2024, revenue came from program service revenue 93% of the total. At year end it held assets of $149k against liabilities of $8,284, net assets of $141k.