Meadowlands Regional 2040 Foundation Inc

Analysis

Meadowlands Regional 2040 Foundation Inc is a registered charity in United States, based in Lyndhurst, NJ. It received its IRS tax-exemption ruling in November 2014, 12 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 October 2023, Meadowlands Regional 2040 Foundation Inc reported income of $130k and spending of $101k, leaving 22% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income fell from $219k to $130k (-41%), an average of -12% a year. The sharpest change came in the year to October 2021, when income rose by 72%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Meadowlands Regional 2040 Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Lewis Central Education Foundation ($130k), College and University Hazardous Waste Conference ($130k) and Junction Community After School Program and Family Center ($130k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 35% and program service revenue 63% of the total. At year end it held assets of $348k against liabilities of $0, net assets of $348k.