Princeton Area Community Foundation Inc
212 Carnegie Ctr Ste 201, Princeton, NJ · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $20,887,454 | $36,801,508 | $187,003,690 |
| FY2023 | $25,299,437 | $19,550,271 | $188,295,241 |
| FY2022 | $25,007,087 | $22,547,043 | $166,551,479 |
| FY2021 | $20,796,965 | $21,046,044 | $187,998,039 |
| FY2020 | $22,912,542 | $21,006,696 | $178,688,799 |
| FY2019 | $20,224,203 | $18,958,270 | $155,812,738 |
| FY2018 | $23,194,175 | $21,976,687 | $131,150,555 |
| FY2017 | $37,913,014 | $22,307,820 | $174,227,266 |
| FY2016 | $26,282,072 | $18,288,898 | $141,590,279 |
| FY2015 | $28,227,076 | $12,338,792 | $120,579,948 |
| FY2014 | $24,635,452 | $11,115,364 | $106,392,852 |
| FY2013 | $9,626,846 | $9,354,740 | $96,468,119 |
| FY2012 | $17,125,802 | $7,565,242 | $87,968,169 |
| FY2011 | $13,375,020 | $7,034,855 | $75,649,638 |
Form 990 filings
The returns filed by Princeton Area Community Foundation Inc (EIN 52-1746234), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $15,711,370 | 75% |
| Program service revenue | $0 | 0% |
| Other revenue | $5,176,084 | 25% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $34,414,912 | 94% |
| Management & general | $1,155,884 | 3% |
| Fundraising | $1,230,712 | 3% |
What the numbers show
- Contributions & grants made up 75% of total revenue in FY2024.
- Program services accounted for 94% of functional expenses, management & general 3%, and fundraising 3%.
- 94% of functional expenses went to program services in FY2024. That is higher than 66.2% of 1000 Philanthropy, Voluntarism & Grantmaking Foundations organizations nationwide (too few in NJ for a state comparison).
- Net assets covered about 61 months of expenses at the end of the reporting year. That puts it in the 42nd percentile among 2219 Philanthropy, Voluntarism & Grantmaking Foundations organizations in NJ.
- Total revenue was higher than 99.1% of 2320 Philanthropy, Voluntarism & Grantmaking Foundations organizations in NJ.
- Total revenue rose from $13,375,020 in FY2011 to $20,887,454 in FY2024. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2021, FY2024).
- The highest revenue on record here is $37,913,014 in FY2017.
- Net assets grew from $75,649,638 to $187,003,690 between FY2011 and FY2024.
- Contributions and grants made up 83% of revenue in FY2011 and 75% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE PRINCETON AREA COMMUNITY FOUNDATION PROMOTES PHILANTHROPY THROUGH EDUCATION, GRANT MAKING, AND BY CREATING A NETWORK OF DONORS, ADVISORS AND NONPROFIT CORPORATIONS.
IRS status
| Ruling year | 1991 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T310 — Philanthropy, Voluntarism & Grantmaking Foundations (in NJ) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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