Municipal Clerks Association of New Jersey

Analysis

Municipal Clerks Association of New Jersey is a registered charity in United States, based in Ocean Grove, NJ. It received its IRS tax-exemption ruling in October 2006, 20 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 2023, Municipal Clerks Association of New Jersey reported income of $228k and spending of $279k, spending 122% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $147k to $228k (+56%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Municipal Clerks Association of New Jersey sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Sayville Athletic Foundation Inc ($228k), Ridgefield Boosters ($228k) and Wayne Hospital Foundation Inc ($228k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $38k (14% of expenses). At year end it held assets of $211k against liabilities of $0, net assets of $211k.