American Friends of the Cardozo School

Analysis

American Friends of the Cardozo School is a registered charity in United States, based in Passaic, NJ. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, American Friends of the Cardozo School reported income of $102k and spending of $54k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $102k (+65%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, American Friends of the Cardozo School sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 45th percentile within NJ. Charities of a similar size with the same main cause include Niagara Frontier Industry Education Council Inc ($102k), Tulare County Sheriffs Foundation ($102k) and Downtown Middletown District Management Association Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $181k against liabilities of $0, net assets of $181k.