Christ Child Society of Summit NJ

Analysis

Christ Child Society of Summit NJ is a registered charity in United States, based in Summit, NJ. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Christ Child Society of Summit NJ reported income of $70k and spending of $101k, spending 144% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $70k (-11%), an average of -11% a year. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christ Child Society of Summit NJ sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include St Michaels School Foundation Inc ($70k), Celebration International Ministries Inc ($70k) and The Wheeling Mt Zion Cemetery Corporation ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.