N J State Fmba Foundation Inc

Analysis

N J State Fmba Foundation Inc is a registered charity in United States, based in Rahway, NJ. It received its IRS tax-exemption ruling in August 1998, 28 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 June 2023, N J State Fmba Foundation Inc reported income of $137k and spending of $148k, spending 108% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income fell from $159k to $137k (-14%), an average of -7.2% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, N J State Fmba Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 53rd percentile within NJ. Charities of a similar size with the same main cause include Olentangy Education Foundation ($137k), SHS Athletics Booster Club ($137k) and Foundation of the National Academy of Television Arts and Sciences ($137k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.