Hoboken Dual Language Charter School a New Jersey Non-Profit Cor

Analysis

Hoboken Dual Language Charter School a New Jersey Non-Profit Cor is a registered charity in United States, based in Hoboken, NJ. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hoboken Dual Language Charter School a New Jersey Non-Profit Cor reported income of $7.9m and spending of $7.1m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $7.9m (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hoboken Dual Language Charter School a New Jersey Non-Profit Cor 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 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Catalyst Public Schools ($7.9m), North Bennet Street School ($7.9m) and Covenant Christian School ($7.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 8.0% of the total. Other salaries and wages came to $3.5m. At year end it held assets of $2.5m against liabilities of $405k, net assets of $2.1m. It reported 105 employees.