New Jersey Association of Realtors-Education Foundation

Analysis

New Jersey Association of Realtors-Education Foundation is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in September 1976, 50 years ago. 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 December 2023, New Jersey Association of Realtors-Education Foundation reported income of $72k and spending of $80k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $87k to $72k (-17%), an average of -4.7% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Jersey Association of Realtors-Education Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 36th percentile within NJ. Charities of a similar size with the same main cause include Luling Senior Citizens Inc ($72k), Pen America Los Angeles ($72k) and Bryan County Retired Senior Volunteer Program Inc ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $584k against liabilities of $0, net assets of $584k.