New Brunswick Education Foundation Inc

Analysis

New Brunswick Education Foundation Inc is a registered charity in United States, based in New Brunswick, NJ. It received its IRS tax-exemption ruling in July 2006, 20 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, New Brunswick Education Foundation Inc reported income of $270k and spending of $225k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $270k (+142%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 168%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Brunswick Education Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include California Association of Private School Organizations ($270k), Colorado Association for Gifted and Talented ($270k) and Arizona Technical Testing Institute ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $62k (28% of expenses). At year end it held assets of $143k against liabilities of $0, net assets of $143k.