Borinqueneers Park Education Alliance

Analysis

Borinqueneers Park Education Alliance is a registered charity in United States, based in Perth Amboy, NJ. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Borinqueneers Park Education Alliance reported income of $99k and spending of $26k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $99k (+9.6%), an average of +9.6% a year. Over the whole period it spent 26% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Borinqueneers Park Education Alliance sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 44th percentile within NJ. Charities of a similar size with the same main cause include Beaux Arts of the Fort Lauderdale ($99k), African American Forum Inc ($99k) and Community Memorial Museum Association ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.