Passaic Valley Regional High School Education Foundation Inc

Analysis

Passaic Valley Regional High School Education Foundation Inc is a registered charity in United States, based in Little Falls, NJ. It received its IRS tax-exemption ruling in May 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 December 2023, Passaic Valley Regional High School Education Foundation Inc reported income of $83k and spending of $79k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $116k to $83k (-28%), an average of -8.0% a year. The sharpest change came in the year to December 2021, when income rose by 220%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Passaic Valley Regional High School Education Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Atlantic Beach Country Club Turtle Foundation Inc ($83k), Jim Spradley Elementary PTO ($83k) and Parent Booster USA Inc ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 89% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.