Gcsa New Jersey Charitable Educational and Scientific

Analysis

Gcsa New Jersey Charitable Educational and Scientific is a registered charity in United States, based in Somerset, NJ. It received its IRS tax-exemption ruling in November 1994, 32 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 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 October 2023, Gcsa New Jersey Charitable Educational and Scientific reported income of $71k and spending of $66k, spending 93% of its income. Across the 2 years on record, from October 2022 to October 2023, income grew from $60k to $71k (+19%), an average of +19% a year. The sharpest change came in the year to October 2023, when income rose by 19%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gcsa New Jersey Charitable Educational and Scientific sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include Hillside Charitable Organization Inc ($71k), Sid Friedman Charitable Supporting Organization ($71k) and Epsilon Nu Boule Foundation Inc ($71k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 370% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.