Friends of Hoboken Dual Language Charter School Inc

Analysis

Friends of Hoboken Dual Language Charter School Inc is a registered charity in United States, based in Hoboken, NJ. It received its IRS tax-exemption ruling in January 2020, 6 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 June 2024, Friends of Hoboken Dual Language Charter School Inc reported income of $621k and spending of $215k, leaving 65% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $379k to $621k (+64%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 92%. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Hoboken Dual Language Charter School Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Dv8 Kitchen Vocational Training Foundation Inc ($621k), Emerging Markets Investors Alliance Inc ($621k) and Spark Preschool ($621k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.