New Jersey Scholars Program Inc

Analysis

New Jersey Scholars Program Inc is a registered charity in United States, based in Lawrenceville, NJ. It received its IRS tax-exemption ruling in April 1996, 30 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 August 2023, New Jersey Scholars Program Inc reported income of $160k and spending of $150k, spending 93% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $155k to $160k (+3.2%), an average of +3.2% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Jersey Scholars Program Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Out for Education ($160k), Travel Everywhere Inc ($160k) and Moringa for Love ($160k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $368k against liabilities of $42k, net assets of $326k.