Kindle Education Foundation a NJ Nonprofit Corporation

Analysis

Kindle Education Foundation a NJ Nonprofit Corporation is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in August 2022, 4 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 June 2023, Kindle Education Foundation a NJ Nonprofit Corporation reported income of $137k and spending of $270k, spending 197% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $345k to $137k (-60%), an average of -60% a year. The sharpest change came in the year to June 2023, when income dropped by 60%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kindle Education Foundation a NJ Nonprofit Corporation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 53rd percentile within NJ. Charities of a similar size with the same main cause include Parent Booster USA Inc ($137k), Santa Monica High School Grad Nite ($137k) and Wisconsin Agc Construction Education Foundation Inc ($137k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $205k against liabilities of $0, net assets of $205k.