Newark Science and Sustainability

Analysis

Newark Science and Sustainability is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Newark Science and Sustainability reported income of $231k and spending of $413k, spending 179% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $476k to $231k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Newark Science and Sustainability 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 57th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Lone Star Cowboy Poetry Gathering ($231k), Chenango River Theatre Inc ($231k) and 9-11 Memorial Garden of Reflection Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,703 against liabilities of $0, net assets of $2,703.