Njea Teacher Leader Academy Inc

Analysis

Njea Teacher Leader Academy Inc is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Njea Teacher Leader Academy Inc reported income of $50k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income fell from $76k to $50k (-34%), an average of -34% a year. The sharpest change came in the year to August 2023, when income dropped by 34%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Njea Teacher Leader Academy Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 19th percentile, and in the 26th percentile within NJ. Charities of a similar size with the same main cause include Institute for Life-Long Learning & Workforce Innovation of FL Inc ($50k), Hawaii Pacific Export Council ($50k) and Learning Zone ($50k).

On its Form 990-EZ for the period ending August 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.