Penn Jersey Educational Radio Corp

Analysis

Penn Jersey Educational Radio Corp is a registered charity in United States, based in Sergeantsvlle, NJ. It received its IRS tax-exemption ruling in May 1991, 35 years ago. 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 December 2023, Penn Jersey Educational Radio Corp reported income of $254k and spending of $265k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $290k to $254k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2021, when income dropped by 21%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Penn Jersey Educational Radio Corp sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Historic Rosedale Foundation Inc ($254k), International College Learning Center Association Inc ($254k) and Hillel the Foundation for Jewish Campus Life ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.