South Jersey Scholarship Fund Inc

Analysis

South Jersey Scholarship Fund Inc is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in May 2002, 24 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, South Jersey Scholarship Fund Inc reported income of $129k and spending of $112k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6,453 to $129k (+1895%), an average of +111% a year. The sharpest change came in the year to June 2020, when income rose by 628%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Jersey Scholarship Fund Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Patrick Henry School of Science and Arts ($129k), Good Steward Foundation of Morrisville Vermont Inc ($129k) and Operation Rock the Troops Inc ($129k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.