Great Schools of New Jersey

Analysis

Great Schools of New Jersey is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in August 1988, 38 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 2024, Great Schools of New Jersey reported income of $124k and spending of $135k, spending 109% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $80k to $124k (+54%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 76%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Great Schools of New Jersey sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 50th percentile within NJ. Charities of a similar size with the same main cause include Seattle Community College Parent Cooperative Preschool ($124k), Merit Alliance Construction Training Institute Inc ($124k) and Colquitt Food and Clothing Bank Inc ($124k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $47k against liabilities of $1,333, net assets of $46k.