Technology Awareness Group

Analysis

Technology Awareness Group is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Technology Awareness Group reported income of $2.7m and spending of $2.5m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.7m (+109%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 248%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Technology Awareness Group sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Burlington Area YMCA Inc ($2.7m), Special Recreation Association of Central Lake County ($2.7m) and Foster Kinship ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 51% of the total. Other salaries and wages came to $986k. At year end it held assets of $3.3m against liabilities of $2.3m, net assets of $983k. It reported 40 employees.