Kellman Brown Academy a New Jersey Corporation
Analysis
Kellman Brown Academy a New Jersey Corporation is a registered charity in United States, based in Vorhees, NJ. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Kellman Brown Academy a New Jersey Corporation reported income of $3.9m and spending of $3.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $3.9m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Kellman Brown Academy a New Jersey Corporation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Walnut Hill Properties Corporation ($3.9m), Commonwealth Institute of Funeral Service ($3.9m) and Myfuturenc Inc ($3.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 73% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $9.5m against liabilities of $2.5m, net assets of $7.0m. It reported 81 employees.
Income and spending
Where the income comes from
- Contributions & grants 21%
- Program services 73%
- Other 5.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Walnut Hill Properties Corporation | Medford | $3.9m |
| Commonwealth Institute of Funeral Service | Houston | $3.9m |
| Myfuturenc Inc | Raleigh | $3.9m |
| Arizona Sheet Metal Joint Apprenticeship and Training Commit | Phoenix | $3.9m |