Vintage Automobile Museum of New Jersey Inc

Analysis

Vintage Automobile Museum of New Jersey Inc is a registered charity in United States, based in Pt Pleasant, NJ. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Vintage Automobile Museum of New Jersey Inc reported income of $83k and spending of $106k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $91k to $83k (-8.7%), an average of -2.2% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 122% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vintage Automobile Museum of New Jersey Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 39th percentile within NJ. Charities of a similar size with the same main cause include Joanna Medawar Nachef Singers ($83k), Youth Orchestra Foundation of Buffalo Inc ($83k) and Austin Gem & Mineral Society ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $306k against liabilities of $0, net assets of $306k.