New Jersey Funeral Service Education Corporation

Analysis

New Jersey Funeral Service Education Corporation is a registered charity in United States, based in Manasquan, NJ. It received its IRS tax-exemption ruling in May 1990, 36 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 December 2023, New Jersey Funeral Service Education Corporation reported income of $189k and spending of $153k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $281k to $189k (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2021, when income rose by 348%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Jersey Funeral Service Education Corporation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include Veterans Resource Center ($189k), Greece United Futbol Club Inc ($189k) and Altamont Free Library Assn ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 87% of the total. At year end it held assets of $1.6m against liabilities of $328, net assets of $1.6m.