Foundation of the New Jersey Alliance for Action

Analysis

Foundation of the New Jersey Alliance for Action is a registered charity in United States, based in Edison, NJ. It received its IRS tax-exemption ruling in March 1989, 37 years ago. 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 December 2023, Foundation of the New Jersey Alliance for Action reported income of $161k and spending of $178k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $161k (+97%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation of the New Jersey Alliance for Action sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Washington Educational Research Association ($161k), Seal Beach Kids Baseball Association ($161k) and Newton Theatre Company Inc ($161k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $137k. At year end it held assets of $313k against liabilities of $0, net assets of $313k.