Knowlton Township Co 1

Analysis

Knowlton Township Co 1 is a registered charity in United States, based in Delaware, NJ. It received its IRS tax-exemption ruling in October 1990, 36 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, Knowlton Township Co 1 reported income of $142k and spending of $148k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $179k to $142k (-20%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Knowlton Township Co 1 sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 54th percentile within NJ. Charities of a similar size with the same main cause include Veterans Promise ($142k), Northampton Education Foundation Inc ($142k) and St Pauls Nursery School Inc ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 16% of the total. At year end it held assets of $333k against liabilities of $4,274, net assets of $329k.