Mine Hill Educational Foundation

Analysis

Mine Hill Educational Foundation is a registered charity in United States, based in Mine Hill, NJ. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Mine Hill Educational Foundation reported income of $179k and spending of $81k, leaving 55% of income unspent that year. Across the 3 years on record, from June 2020 to June 2022, income fell from $185k to $179k (-3.5%), an average of -1.8% a year. The sharpest change came in the year to June 2022, when income rose by 1219%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mine Hill Educational Foundation sits at the 52nd percentile: it is larger than about 52% 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 Computer Literacy Program Volunteers for Underprivileged ($179k), Jackson Bronc Backers Inc ($179k) and New Jersey Chapter of the Intl Assoc of Arson Investigators Inc ($178k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 45% and program service revenue 55% of the total. Other salaries and wages came to $48k. At year end it held assets of $119k against liabilities of $0, net assets of $119k. It reported 8 employees.