Princeton Reach Out 56-81-06 Inc

Analysis

Princeton Reach Out 56-81-06 Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Princeton Reach Out 56-81-06 Inc reported income of $129k and spending of $205k, spending 158% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income fell from $345k to $129k (-63%), an average of -28% a year. The sharpest change came in the year to June 2022, when income dropped by 83%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Princeton Reach Out 56-81-06 Inc 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 44th percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Student Global Ambassador Project ($129k), Roland Park Annual Fund Incorporated ($129k) and St Ignatius School Foundation Inc ($129k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% of the total. At year end it held assets of $325k against liabilities of $138k, net assets of $187k.