Princeton-Blairstown Center Inc
Analysis
Princeton-Blairstown Center Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in January 1944, 82 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 December 2023, Princeton-Blairstown Center Inc reported income of $12.4m and spending of $2.7m, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $12.4m (+722%), an average of +69% a year. The sharpest change came in the year to December 2023, when income rose by 535%. Over the whole period it spent 54% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Princeton-Blairstown Center Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Cornerstone Classical Academy ($12.4m), Ssomusd Residency Corporation ($12.4m) and Utah Military Academy ($12.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $306k (11% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $48.5m against liabilities of $746k, net assets of $47.8m. It reported 52 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.7%
- Program services 4.2%
- Other 91%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cornerstone Classical Academy | Jacksonville | $12.4m |
| Ssomusd Residency Corporation | Sioux Falls | $12.4m |
| Utah Military Academy | Ogden | $12.4m |
| Institute for the Psychological Sciences | Sterling | $12.4m |