Chemical Marketing & Economics Inc

Analysis

Chemical Marketing & Economics Inc is a registered charity in United States, based in Morristown, 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 December 2023, Chemical Marketing & Economics Inc reported income of $383k and spending of $420k, spending 110% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $968k to $383k (-60%), an average of -27% a year. The sharpest change came in the year to December 2022, when income rose by 161%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chemical Marketing & Economics Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Avon Lake High School Boosters Inc ($383k), Lighthouse Montessori ($383k) and Tarleton Alumni Association ($383k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $945k against liabilities of $0, net assets of $945k.