Montclair African-American Heritage Foundation Inc

Analysis

Montclair African-American Heritage Foundation Inc is a registered charity in United States, based in West Orange, NJ. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 August 2024, Montclair African-American Heritage Foundation Inc reported income of $101k and spending of $91k, spending 89% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $84k to $101k (+21%), an average of +3.9% a year. The sharpest change came in the year to August 2021, when income rose by 192%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montclair African-American Heritage Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 45th percentile within NJ. Charities of a similar size with the same main cause include Columbus Senior Citizens Center ($101k), USA Baseball Foundation Inc ($101k) and Stop the Violence ($101k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.