Friends of Millville Public Charter School Inc

Analysis

Friends of Millville Public Charter School Inc is a registered charity in United States, based in Millville, NJ. It received its IRS tax-exemption ruling in April 2016, 10 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 June 2023, Friends of Millville Public Charter School Inc reported income of $578k and spending of $781k, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $506k to $578k (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 141% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Millville Public Charter School Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Village Nursery School Inc ($578k), Communities in Shools of Montgomery County ($578k) and Naums Inc ($578k).

At year end it held assets of $5.3m against liabilities of $6.6m, net assets of -$1.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.