Society of Mayflower Descendents in the State of New Jersey

Analysis

Society of Mayflower Descendents in the State of New Jersey is a registered charity in United States, based in Medford Lakes, NJ. It received its IRS tax-exemption ruling in September 1944, 82 years ago. 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 December 2023, Society of Mayflower Descendents in the State of New Jersey reported income of $54k and spending of $40k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $54k to $54k (-1.8%), an average of -1.8% a year. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society of Mayflower Descendents in the State of New Jersey sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 27th percentile within NJ. Charities of a similar size with the same main cause include Parks and Recreation Partners of Universal City ($54k), Forrestville Valley School Foundation ($54k) and Little League Baseball Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $335k against liabilities of $0, net assets of $335k.