Exit 82 a Toms River Theatre Company

Analysis

Exit 82 a Toms River Theatre Company is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Exit 82 a Toms River Theatre Company reported income of $228k and spending of $163k, leaving 28% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $212k to $228k (+7.4%), an average of +1.4% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Exit 82 a Toms River Theatre Company sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include People and Stories - Gente Y Cuentos Inc ($228k), First City Pride Center Inc ($228k) and Crearte Latino Cultural Center Corp ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 69% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.