Infolink the Eastern New Jersey Regional Library Cooperative Inc

Analysis

Infolink the Eastern New Jersey Regional Library Cooperative Inc is a registered charity in United States, based in Ewing, NJ. It received its IRS tax-exemption ruling in March 1986, 40 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, Infolink the Eastern New Jersey Regional Library Cooperative Inc reported income of $2.2m and spending of $2.2m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $2.2m (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Infolink the Eastern New Jersey Regional Library Cooperative Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Center for Excellence in Educational Leadership ($2.2m), Ohio Assoc of Independent Schools Scholarship Granting Organization ($2.2m) and G R E a T Kids with ADHD a Texas Non-Profit Corporation ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 11% of the total. Other salaries and wages came to $556k. At year end it held assets of $1.2m against liabilities of $724k, net assets of $488k. It reported 8 employees.