Trustees of the Free Public Library of the Township of East Brunswick

Analysis

Trustees of the Free Public Library of the Township of East Brunswick is a registered charity in United States, based in East Brunswick, NJ. It received its IRS tax-exemption ruling in July 2022, 4 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 December 2020, Trustees of the Free Public Library of the Township of East Brunswick reported income of $3.6m and spending of $3.9m, spending 110% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $4.4m to $3.6m (-19%), an average of -19% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trustees of the Free Public Library of the Township of East Brunswick sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Advantage Arts Academy ($3.6m), Veritas Christian Acadamy of Houston ($3.6m) and Forrester-Davis Development Center Inc ($3.6m).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 83% and program service revenue 5.6% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $2.2m against liabilities of $466k, net assets of $1.7m. It reported 57 employees.