Kids Chance of New Jersey Inc

Analysis

Kids Chance of New Jersey Inc is a registered charity in United States, based in Matawan, NJ. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Kids Chance of New Jersey Inc reported income of $175k and spending of $139k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $200k to $175k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kids Chance of New Jersey Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include Friends of Northwest Classen High School Foundation ($175k), Ashcreek Parent Cooperative Playschool ($175k) and Rotary Club of Des Moines ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $394k against liabilities of $0, net assets of $394k.