Bac Adc of New Jersey Apprentice Training & Educational Fund

Analysis

Bac Adc of New Jersey Apprentice Training & Educational Fund is a registered charity in United States, based in Bordentown, NJ. It received its IRS tax-exemption ruling in January 1971, 55 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bac Adc of New Jersey Apprentice Training & Educational Fund reported income of $722k and spending of $560k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $612k to $722k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bac Adc of New Jersey Apprentice Training & Educational Fund sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within NJ. Charities of a similar size with the same main cause include Liberal Area Rape Crisis and Domestic Violence Services Inc ($722k), American Public Square Inc ($722k) and Womens Resource Center of Florida Inc ($722k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. Other salaries and wages came to $127k. At year end it held assets of $3.5m against liabilities of $216k, net assets of $3.3m. It reported 4 employees.