Core Music and the Arts a NJ Nonprofit Corporation

Analysis

Core Music and the Arts a NJ Nonprofit Corporation is a registered charity in United States, based in Windermere, FL. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Core Music and the Arts a NJ Nonprofit Corporation reported income of $138k and spending of $156k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $138k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 108% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Core Music and the Arts a NJ Nonprofit Corporation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Windham Baseball Softball League Inc ($138k), Lab Learning and Action Buffet ($138k) and Choice 4 Teens Mentoring Group ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $6,007 against liabilities of $23k, net assets of -$17k.