Assumption College for Sisters

Analysis

Assumption College for Sisters is a registered charity in United States, based in Mendham, NJ. It received its IRS tax-exemption ruling in August 1985, 41 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Assumption College for Sisters reported income of $940k and spending of $736k, leaving 22% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $790k to $940k (+19%), an average of +9.1% a year. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Assumption College for Sisters sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Mentor Leaders Inc ($940k), The Zones ($940k) and United Natives Inc ($940k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 4.9% of the total. Other salaries and wages came to $360k. At year end it held assets of $2.3m against liabilities of $10k, net assets of $2.3m. It reported 3 employees.