Hudson County Schools of Technologyfoundation a Nonprofit Corp

Analysis

Hudson County Schools of Technologyfoundation a Nonprofit Corp is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in May 2008, 18 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 December 2023, Hudson County Schools of Technologyfoundation a Nonprofit Corp reported income of $97k and spending of $119k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $184k to $97k (-47%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 64%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hudson County Schools of Technologyfoundation a Nonprofit Corp sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 44th percentile within NJ. Charities of a similar size with the same main cause include Somerset Scholarship Fund ($97k), Friends of Inspirenola ($97k) and Chu Vision Foundation ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $233k against liabilities of $0, net assets of $233k.