New Jersey Club Foundation Inc

Analysis

New Jersey Club Foundation Inc is a registered charity in United States, based in Bay Head, NJ. It received its IRS tax-exemption ruling in January 1997, 29 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 December 2023, New Jersey Club Foundation Inc reported income of $314k and spending of $288k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $314k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Jersey Club Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Bookwallah Organization ($314k), Folds of Honor Foundation ($314k) and Parent Booster USA Inc ($314k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 75% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.