East Brunswick Education Foundation Inc

Analysis

East Brunswick Education Foundation Inc is a registered charity in United States, based in E Brunswick, NJ. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, East Brunswick Education Foundation Inc reported income of $183k and spending of $171k, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2024, income grew from $179k to $183k (+2.0%), an average of +0.7% a year. The sharpest change came in the year to June 2023, when income dropped by 23%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, East Brunswick Education Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include Thomas Davis Defending Dreams Foundation ($183k), Toys for Kids Inc ($183k) and Isaiah House ($183k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% of the total. At year end it held assets of $482k against liabilities of $17k, net assets of $465k.