The New Jersey Association for College Admission Counseling Inc

Analysis

The New Jersey Association for College Admission Counseling Inc is a registered charity in United States, based in Wayne, NJ. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The New Jersey Association for College Admission Counseling Inc reported income of $263k and spending of $273k, spending 104% of its income. Across the 4 years on record, from June 2020 to December 2023, income grew from $243k to $263k (+8.2%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income rose by 225%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The New Jersey Association for College Admission Counseling Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include Society of Aviation and Flight Educators ($263k), Brite Bringing Relief Internationally Through Education ($263k) and Caribbean American Cultural Group Inc ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $22k (8.2% of expenses). At year end it held assets of $359k against liabilities of $1,151, net assets of $358k. It reported 1 employees.