Sumner Station Foundation a Newjersey Nonprofit Corporation

Analysis

Sumner Station Foundation a Newjersey Nonprofit Corporation is a registered charity in United States, based in Pine Valley, NJ. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2024, Sumner Station Foundation a Newjersey Nonprofit Corporation reported income of $240k and spending of $160k, leaving 33% of income unspent that year. Across the 6 years on record, from March 2019 to March 2024, income grew from $177k to $240k (+36%), an average of +6.3% a year. The sharpest change came in the year to March 2022, when income rose by 633%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sumner Station Foundation a Newjersey Nonprofit Corporation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include Sullivan County Community College Foundation Inc ($240k), Alpha Upsilon PKS Foundation ($240k) and Monarch Beach Sunrise Rotary Foundation ($240k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 75% of the total. At year end it held assets of $616k against liabilities of $0, net assets of $616k.