Leroy W Homer Jr Foundation New Jersey Non Profit Corporation

Analysis

Leroy W Homer Jr Foundation New Jersey Non Profit Corporation is a registered charity in United States, based in Marlton, NJ. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Leroy W Homer Jr Foundation New Jersey Non Profit Corporation reported income of $170k and spending of $63k, leaving 63% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $208k to $170k (-18%), an average of -9.6% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leroy W Homer Jr Foundation New Jersey Non Profit Corporation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 57th percentile within NJ. Charities of a similar size with the same main cause include Habla Friends of River Glen Elementary ($170k), Nebraska Maintenance Acadmey ($170k) and Refine Learning Center II Inc ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $381k against liabilities of $102, net assets of $381k.