Engagenj a NJ Nonprofit Corporation

Analysis

Engagenj a NJ Nonprofit Corporation is a registered charity in United States, based in Montclair, NJ. It received its IRS tax-exemption ruling in June 2014, 12 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 June 2023, Engagenj a NJ Nonprofit Corporation reported income of $351k and spending of $452k, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $400k to $351k (-12%), an average of -3.2% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Engagenj a NJ Nonprofit Corporation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Alpha Kappa Psi Scholarship Fund ($351k), Friends of Ryan Inc ($351k) and Association of Jewish Libraries Inc ($351k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $127k (28% of expenses). At year end it held assets of $324k against liabilities of $122k, net assets of $202k. It reported 5 employees.