Demarest Home and School Association of Bloomfield Inc

Analysis

Demarest Home and School Association of Bloomfield Inc is a registered charity in United States, based in Bloomfield, NJ. It received its IRS tax-exemption ruling in November 2000, 26 years ago. 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 June 2024, Demarest Home and School Association of Bloomfield Inc reported income of $137k and spending of $122k, spending 89% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $112k to $137k (+22%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 22%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Demarest Home and School Association of Bloomfield Inc sits at the 44th percentile: it is larger than about 44% 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 Conway Historical Society ($137k), South Wood County Historical Corporation ($137k) and National Coalition of 100 Black Women Inc ($137k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 97% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.