Clara E Coleman School Hsa

Analysis

Clara E Coleman School Hsa is a registered charity in United States, based in Glen Rock, NJ. It received its IRS tax-exemption ruling in June 2004, 22 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 June 2023, Clara E Coleman School Hsa reported income of $71k and spending of $57k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $57k to $71k (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2022, when income rose by 141%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clara E Coleman School Hsa sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include Radcliffe School Parent Teacher Organization Inc ($71k), Forest Dale Elementary Parent Teacher Organization Inc ($71k) and Bathgate Elementary School Foundation ($71k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 28% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.