New World Education Center

Analysis

New World Education Center is a registered charity in United States, based in Piscataway, NJ. It received its IRS tax-exemption ruling in January 2017, 9 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, New World Education Center reported income of $169k and spending of $176k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $169k (+5.2%), an average of +5.2% a year. 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 World Education Center sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 57th percentile within NJ. Charities of a similar size with the same main cause include Frsa Educational Scholarship Foundation Inc ($169k), Vestavia Hills Parent Teacher Organization Inc ($169k) and Kimball Public Schools Foundation Inc ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.