Mt Zion Ame Church New Brunswick Community Development Corporation

Analysis

Mt Zion Ame Church New Brunswick Community Development Corporation is a registered charity in United States, based in New Brunswick, NJ. It received its IRS tax-exemption ruling in December 2022, 4 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 December 2022, Mt Zion Ame Church New Brunswick Community Development Corporation reported income of $855k and spending of $814k, spending 95% of its income. Across the 5 years on record, from June 2019 to December 2022, income grew from $742k to $855k (+15%), an average of +3.6% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mt Zion Ame Church New Brunswick Community Development Corporation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Strengthbuilding Partners ($855k), Brinkley Heights Urban Academy ($855k) and The Latino Student Fund ($855k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $479k (59% of expenses). At year end it held assets of $86k against liabilities of $19k, net assets of $67k. It reported 17 employees.