New Jersey School Buildings & Grounds Association Inc

Analysis

New Jersey School Buildings & Grounds Association Inc is a registered charity in United States, based in Newton, NJ. It received its IRS tax-exemption ruling in March 1989, 37 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 June 2023, New Jersey School Buildings & Grounds Association Inc reported income of $784k and spending of $552k, leaving 30% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $111k to $784k (+608%), an average of +92% a year. The sharpest change came in the year to June 2022, when income rose by 880%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Jersey School Buildings & Grounds Association Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Indiana-Michigan Mennonite Camp Association Inc ($784k), Foundation for the Jewish Elderly of Eastern Pa ($784k) and Christian Life Ministries ($784k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $61k (11% of expenses). At year end it held assets of $710k against liabilities of $3,414, net assets of $707k. It reported 1 employees.