New Jersey State Bar Foundation
Analysis
New Jersey State Bar Foundation is a registered charity in United States, based in New Brunswick, NJ. It received its IRS tax-exemption ruling in January 1967, 59 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2023, New Jersey State Bar Foundation reported income of $3.3m and spending of $3.0m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $3.3m (+20%), an average of +4.8% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 92% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, New Jersey State Bar Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Bitcoin Legal Defense Fund ($3.3m), American Nonsmokers Rights Foundation ($3.3m) and Male Contraception Initiative ($3.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 18% of the total. At year end it held assets of $11.6m against liabilities of $1.9m, net assets of $9.7m.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Program services 18%
- Other 5.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bitcoin Legal Defense Fund | New York | $3.3m |
| American Nonsmokers Rights Foundation | Berkeley | $3.3m |
| Male Contraception Initiative | Durham | $3.3m |
| Gateway Juvenile Diversion Project Inc | Mt Sterling | $3.3m |