New Jersey Center for Teaching and Learning Inc

Analysis

New Jersey Center for Teaching and Learning Inc is a registered charity in United States, based in Mahwah, NJ. It received its IRS tax-exemption ruling in October 2007, 19 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, New Jersey Center for Teaching and Learning Inc reported income of $3.1m and spending of $2.1m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $3.1m (+92%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 106%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Jersey Center for Teaching and Learning Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Asia Pacific Educational Foundation ($3.1m), Riverside Gateway to College Early College High School Echs ($3.1m) and Impact Florida Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $247k (12% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.2m against liabilities of $101k, net assets of $2.1m. It reported 48 employees.