Mid-Atlantic States Career and Education Center

Analysis

Mid-Atlantic States Career and Education Center is a registered charity in United States, based in Pennsville, NJ. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Mid-Atlantic States Career and Education Center reported income of $4.7m and spending of $3.4m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $4.7m (+138%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 96%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mid-Atlantic States Career and Education Center sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Community Workshops Inc ($4.7m), Delta Human Resource Agency ($4.7m) and Academy of Craft Training ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $212k (6.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.1m against liabilities of $124k, net assets of $4.0m. It reported 43 employees.