Bridgewater Raritan High School Panther Athletic Club Inc

Analysis

Bridgewater Raritan High School Panther Athletic Club Inc is a registered charity in United States, based in Bridgewater, NJ. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, Bridgewater Raritan High School Panther Athletic Club Inc reported income of $73k and spending of $36k, leaving 51% of income unspent that year. Across the 4 years on record, from July 2020 to July 2024, income grew from $60k to $73k (+21%), an average of +6.6% a year. The sharpest change came in the year to July 2021, when income rose by 54%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bridgewater Raritan High School Panther Athletic Club Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 36th percentile within NJ. Charities of a similar size with the same main cause include Wichita West High School Alumni Hall Inc ($73k), Elsie Allen High School Ag Boosters ($73k) and Chaparral Intermediate School Community Club ($73k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 9.1% and program service revenue 33% of the total. At year end it held assets of $157k against liabilities of $15k, net assets of $142k.