Youth Orchestra of Central Jersey Inc

Analysis

Youth Orchestra of Central Jersey Inc is a registered charity in United States, based in West Windsor, NJ. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Youth Orchestra of Central Jersey Inc reported income of $231k and spending of $213k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $206k to $231k (+12%), an average of +4.0% a year. The sharpest change came in the year to June 2022, when income rose by 209%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Youth Orchestra of Central Jersey Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include Threshold Choir ($231k), Community Healing Network Inc ($231k) and Building Bridges Jeff Haas Method for Promoting Peace Through Music ($231k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $55k (26% of expenses). Other salaries and wages came to $51k. At year end it held assets of $127k against liabilities of $25k, net assets of $102k. It reported 9 employees.