Society of Colonial Wars in the State of New Jersey

Analysis

Society of Colonial Wars in the State of New Jersey is a registered charity in United States, based in Oldwick, NJ. It received its IRS tax-exemption ruling in December 1944, 82 years ago. 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 2023, Society of Colonial Wars in the State of New Jersey reported income of $149k and spending of $99k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $135k to $149k (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income rose by 197%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society of Colonial Wars in the State of New Jersey sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 55th percentile within NJ. Charities of a similar size with the same main cause include Galesburg Public Schools Foundation ($149k), Mentors for Youth of Dubois County Inc ($149k) and Tri State Regional Service Office Incorporated ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 7.4% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.