SKWC a New Jersey Nonprofit Corporation

Analysis

SKWC a New Jersey Nonprofit Corporation is a registered charity in United States, based in Piscataway, NJ. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, SKWC a New Jersey Nonprofit Corporation reported income of $440k and spending of $488k, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $500k to $440k (-12%), an average of -4.2% a year. The sharpest change came in the year to June 2023, when income dropped by 43%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, SKWC a New Jersey Nonprofit Corporation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Sandhills Youth Development Inc ($440k), Gillette Soccer Club Inc ($440k) and Park County Arena Board ($440k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $305k. At year end it held assets of $750k against liabilities of $0, net assets of $750k. It reported 9 employees.