Society of the Cincinnati in the State of New Jersey Inc

Analysis

Society of the Cincinnati in the State of New Jersey Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in September 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 August 2023, Society of the Cincinnati in the State of New Jersey Inc reported income of $52k and spending of $67k, spending 129% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $51k to $52k (+2.5%), an average of +0.6% a year. The sharpest change came in the year to August 2022, when income rose by 97%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Society of the Cincinnati in the State of New Jersey Inc sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within VA. Charities of a similar size with the same main cause include Friends of the Allen County Indiana Public Library Inc ($52k), Krueger Elementary Parent Teacher Student Organization ($52k) and Rock Springs Elementary School Parent Teach Organization ($52k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. At year end it held assets of $872k against liabilities of $0, net assets of $872k.