Eastern Economic Association

Analysis

Eastern Economic Association is a registered charity in United States, based in Mahwah, NJ. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Eastern Economic Association reported income of $188k and spending of $141k, leaving 25% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $115k to $188k (+63%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 124%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eastern Economic Association sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include Clark Memorial Library ($188k), Lawyers Collaborative for Diversity Inc ($188k) and Marion High School Alumni Association Inc ($188k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 70% of the total. At year end it held assets of $644k against liabilities of $0, net assets of $644k.