Glen Ridge Educational Foundation Incorporated

Analysis

Glen Ridge Educational Foundation Incorporated is a registered charity in United States, based in Glen Ridge, NJ. It received its IRS tax-exemption ruling in May 1994, 32 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, Glen Ridge Educational Foundation Incorporated reported income of $108k and spending of $113k, spending 104% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $200k to $108k (-46%), an average of -46% a year. The sharpest change came in the year to June 2024, when income dropped by 46%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Glen Ridge Educational Foundation Incorporated sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 47th percentile within NJ. Charities of a similar size with the same main cause include Groveland Elementary PTO ($108k), Nacogdoches High School Alumni Association ($108k) and Americal Legacy Foundation ($108k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 58% of the total. At year end it held assets of $338k against liabilities of $0, net assets of $338k.