School of Good Works a NJ Nonprofit Corporation

Analysis

School of Good Works a NJ Nonprofit Corporation is a registered charity in United States, based in Elmira, NY. It received its IRS tax-exemption ruling in January 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, School of Good Works a NJ Nonprofit Corporation reported income of $144k and spending of $63k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $288k to $144k (-50%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 153%. Over the whole period it spent 40% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, School of Good Works a NJ Nonprofit Corporation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Island Outreach Inc ($144k), Central American Mission Projects ($144k) and Courtside Ministries ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.3% of the total. At year end it held assets of $672k against liabilities of $167k, net assets of $505k.