Njsia Educational Foundation Inc

Analysis

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

In the financial year ending December 2023, Njsia Educational Foundation Inc reported income of $190k and spending of $162k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $181k to $190k (+4.5%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 8601%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Njsia Educational Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include South Sudan Nation Builders ($189k), Folds of Honor Foundation ($190k) and Prince Georges Leadership Action Network Inc ($189k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.