Mesivta of North Jersey Inc

Analysis

Mesivta of North Jersey Inc is a registered charity in United States, based in Passaic, NJ. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Mesivta of North Jersey Inc reported income of $117k and spending of $134k, spending 114% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $816k to $117k (-86%), an average of -38% a year. The sharpest change came in the year to August 2023, when income dropped by 84%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mesivta of North Jersey Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 49th percentile within NJ. Charities of a similar size with the same main cause include Lake Tapps Elementary School PTA ($117k), Highlands Elementary School Parent Teacher Organization ($117k) and Friends of Gueoul Inc ($117k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. At year end it held assets of $6,038 against liabilities of $201k, net assets of -$195k.