Parents and Friends of New Brunswick Hungarian Scouting Inc

Analysis

Parents and Friends of New Brunswick Hungarian Scouting Inc is a registered charity in United States, based in New Brunswick, NJ. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Parents and Friends of New Brunswick Hungarian Scouting Inc reported income of $60k and spending of $29k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $60k (+12%), an average of +12% a year. Over the whole period it spent 58% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Parents and Friends of New Brunswick Hungarian Scouting Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 31st percentile within NJ. Charities of a similar size with the same main cause include Fossil Creek Comm Development Ctr ($60k), Shine in Darkness Foundation Inc ($60k) and First Priority of North Alabama Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.