Association of Student Assistance Professionals of New Jersey Inc

Analysis

Association of Student Assistance Professionals of New Jersey Inc is a registered charity in United States, based in Allenhurst, NJ. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Association of Student Assistance Professionals of New Jersey Inc reported income of $106k and spending of $103k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $17k to $106k (+519%), an average of +519% a year. The sharpest change came in the year to December 2023, when income rose by 519%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Association of Student Assistance Professionals of New Jersey Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 46th percentile within NJ. Charities of a similar size with the same main cause include Investsc Inc ($106k), Graham Revitalization Economic Action Team - Great ($106k) and Road 2 Recovery Foundation ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.