Sussex Educational Foundation Inc

Analysis

Sussex Educational Foundation Inc is a registered charity in United States, based in Woodland Park, NJ. It received its IRS tax-exemption ruling in February 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sussex Educational Foundation Inc reported income of $127k and spending of $20k, leaving 84% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $986k to $127k (-87%), an average of -40% a year. The sharpest change came in the year to December 2021, when income dropped by 88%. Over the whole period it spent 123% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sussex Educational Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Goodway Cares ($127k), Whiteside County Soil Water Conserv & Education Fund Inc ($128k) and Camp Cambria Foundation ($127k).

At year end it held assets of $5.2m against liabilities of $321, net assets of $5.2m.