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The Traveling Knights of Old Bridge Inc

RegisteredEIN 26-2626079Matawan, NJEducation and training
Income$54k2024-06
Spending$54ksame year
Spent / received85%2-year average
Size in its cause23rd pctEducation and training
Exempt since2014Publicly supported organisat
Employees–latest return

Analysis

The Traveling Knights of Old Bridge Inc is a registered charity in United States, based in Matawan, NJ. It received its IRS tax-exemption ruling in July 2014, 12 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 2024, The Traveling Knights of Old Bridge Inc reported income of $54k and spending of $54k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $40k to $54k (+35%), an average of +35% a year. The sharpest change came in the year to June 2024, when income rose by 35%. 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, The Traveling Knights of Old Bridge Inc 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 28th percentile within NJ. Charities of a similar size with the same main cause include Franklin Youth Baseball Organization ($54k), Kincaid Elementary Foundation Inc ($54k) and The Westbank Ques Foundation Inc ($54k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 4.6% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.

Income and spending

$0$13k$27k$40k$54k2023 Income: $39,9562023 Spending: $25,71320232024 Income: $53,9202024 Spending: $53,9202024
IncomeSpending

Where the income comes from

  • Contributions & grants 4.6%
  • Other 95%

Similar-sized charities, same cause

CharityLocationIncome
Franklin Youth Baseball OrganizationFranklin$54k
Kincaid Elementary Foundation IncMarietta$54k
The Westbank Ques Foundation IncGretna$54k
Burlington Cougar ClubBurlington$54k