Mahwah Schools Foundation a Non Profit Corporation

Analysis

Mahwah Schools Foundation a Non Profit Corporation is a registered charity in United States, based in Mahwah, NJ. It received its IRS tax-exemption ruling in March 2001, 25 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 June 2023, Mahwah Schools Foundation a Non Profit Corporation reported income of $109k and spending of $59k, leaving 46% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $84k to $109k (+30%), an average of +9.2% a year. The sharpest change came in the year to June 2022, when income rose by 211%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mahwah Schools Foundation a Non Profit Corporation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 47th percentile within NJ. Charities of a similar size with the same main cause include Iraqi Medical Sciences Association ($109k), Rockdale Tiger Booster Club ($109k) and Servantleader Resources ($109k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 106% of the total. At year end it held assets of $188k against liabilities of $70k, net assets of $119k.