Darul Uloom New Jersey Inc

Analysis

Darul Uloom New Jersey Inc is a registered charity in United States, based in Paterson, NJ. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Darul Uloom New Jersey Inc reported income of $306k and spending of $347k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $354k to $306k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Darul Uloom New Jersey Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Virginia Association of Museums ($306k), Mandt Community Center Inc ($306k) and Arts Council of Lake Oswego ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $86k (25% of expenses). At year end it held assets of $746k against liabilities of $33k, net assets of $713k. It reported 7 employees.