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Princeton-Blairstown Center Inc

RegisteredEIN 22-6075831Princeton, NJEducation and training
Income$12.4m2023-12
Spending$2.7msame year
Spent / received54%5-year average
Size in its cause94th pctEducation and training
Exempt since1944Publicly supported organisat
Employees52latest return

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

$0$3.1m$6.2m$9.3m$12.4m2019 Income: $1,504,5852019 Spending: $2,242,00620192020 Income: $1,493,3342020 Spending: $1,942,33920202021 Income: $3,856,5942021 Spending: $2,170,31920212022 Income: $1,949,2812022 Spending: $2,426,11020222023 Income: $12,369,7742023 Spending: $2,688,3682023
IncomeSpending

Where the income comes from

  • Contributions & grants 4.7%
  • Program services 4.2%
  • Other 91%

Similar-sized charities, same cause

CharityLocationIncome
Cornerstone Classical AcademyJacksonville$12.4m
Ssomusd Residency CorporationSioux Falls$12.4m
Utah Military AcademyOgden$12.4m
Institute for the Psychological SciencesSterling$12.4m