University of Orange a NJ Nonprofit Corporation

Analysis

University of Orange a NJ Nonprofit Corporation is a registered charity in United States, based in Orange, NJ. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, 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, University of Orange a NJ Nonprofit Corporation reported income of $534k and spending of $558k, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $412k to $534k (+30%), an average of +9.1% a year. The sharpest change came in the year to June 2021, when income rose by 59%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, University of Orange a NJ Nonprofit Corporation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Maryland Alliance of Public Charter Schools Inc ($534k), United Partners for Human Service Inc ($534k) and Wall Street Bound ($534k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $178k (32% of expenses). Other salaries and wages came to $96k. At year end it held assets of $443k against liabilities of $7,644, net assets of $436k. It reported 8 employees.