Grand Lodge of New Jersey Ashlar Fund Inc

Analysis

Grand Lodge of New Jersey Ashlar Fund Inc is a registered charity in United States, based in Trenton, NJ. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Grand Lodge of New Jersey Ashlar Fund Inc reported income of $174k and spending of $238k, spending 137% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $231k to $174k (-25%), an average of -6.8% a year. The sharpest change came in the year to April 2021, when income rose by 478%. Over the whole period it spent 49% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Grand Lodge of New Jersey Ashlar Fund Inc sits at the 55th percentile: it is larger than about 55% 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 Lakeland Police Foundation Incorporated ($173k), Zevnik Charitable Foundation ($174k) and Believe in Me ($173k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 0.3% of the total. At year end it held assets of $5.7m against liabilities of $9,398, net assets of $5.6m.