Manchester Township Educationfoundation

Analysis

Manchester Township Educationfoundation is a registered charity in United States, based in Lakehurst, NJ. It received its IRS tax-exemption ruling in August 2007, 19 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 June 2024, Manchester Township Educationfoundation reported income of $53k and spending of $60k, spending 113% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income fell from $531k to $53k (-90%), an average of -54% a year. The sharpest change came in the year to June 2022, when income dropped by 94%. Over the whole period it spent 35% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Manchester Township Educationfoundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 27th percentile within NJ. Charities of a similar size with the same main cause include Waimea Project Grad 2010 ($53k), Cherry Hill School PTO ($53k) and Ann Arbor Chinese Center of Michigan Inc ($53k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% of the total. At year end it held assets of $509k against liabilities of $0, net assets of $509k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.