Jersey Shore Jazz & Blues Foundation a New Jersey Nonprofit

Analysis

Jersey Shore Jazz & Blues Foundation a New Jersey Nonprofit is a registered charity in United States, based in Hazlet, NJ. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Jersey Shore Jazz & Blues Foundation a New Jersey Nonprofit reported income of $63k and spending of $42k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $63k (+5.6%), an average of +5.6% a year. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Jersey Shore Jazz & Blues Foundation a New Jersey Nonprofit sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 32nd percentile within NJ. Charities of a similar size with the same main cause include Spirit Horse Connection ($63k), Friends of the Harwich Council on Aging Inc ($63k) and Georgia Civil War Heritage Trails ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 38% of the total. At year end it held assets of $46k against liabilities of $2,160, net assets of $44k.