Student Government Association of Montclair State University Inc

Analysis

Student Government Association of Montclair State University Inc is a registered charity in United States, based in Upr Montclair, NJ. It received its IRS tax-exemption ruling in December 1958, 68 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Student Government Association of Montclair State University Inc reported income of $1.5m and spending of $1.5m, spending 104% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $1.6m to $1.5m (-6.2%), an average of -1.6% a year. The sharpest change came in the year to May 2021, when income dropped by 47%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Student Government Association of Montclair State University Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include Washington State Association of Hea D Start and Ecea Programs ($1.5m), Shands Jacksonville Foundation Inc ($1.5m) and Kansas Independent College Foundation ($1.5m).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $192k. At year end it held assets of $810k against liabilities of $3,541, net assets of $807k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.