New Jersey Chapter American Concrete Institute

Analysis

New Jersey Chapter American Concrete Institute is a registered charity in United States, based in Ringoes, NJ. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Chapter American Concrete Institute reported income of $778k and spending of $603k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $518k to $778k (+50%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, New Jersey Chapter American Concrete Institute sits at the 74th percentile: it is larger than about 74% 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 Children Center Campus ($777k), Junior League of Greenville Inc ($778k) and Wooden It Be Lovely ($777k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 79% of the total. Other salaries and wages came to $68k. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m. It reported 1 employees.