Jefferson Park Ministries Inc

Analysis

Jefferson Park Ministries Inc is a registered charity in United States, based in Elizabeth, NJ. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Jefferson Park Ministries Inc reported income of $1.3m and spending of $1.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $616k to $1.3m (+119%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jefferson Park Ministries Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include Yellow Brick Road Early Learning Center Inc ($1.3m), Harrison County Senior Citizens Center Inc ($1.4m) and Detroit Chesed Project ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $133k (10% of expenses). Other salaries and wages came to $532k. It paid $750 in professional fundraising fees. At year end it held assets of $539k against liabilities of $192k, net assets of $347k. It reported 22 employees.