Gildas Club South Jersey Inc

Analysis

Gildas Club South Jersey Inc is a registered charity in United States, based in Linwood, NJ. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover human services, 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 June 2023, Gildas Club South Jersey Inc reported income of $489k and spending of $658k, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $434k to $489k (+13%), an average of +3.0% a year. Over the whole period it spent 127% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gildas Club South Jersey Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Platte Senior Services Inc ($489k), Bucksport Area Child Care Center Inc ($489k) and Lake Superior YMCA Foundation Inc ($489k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 20% of the total. Other salaries and wages came to $316k. At year end it held assets of $2.1m against liabilities of $1.4m, net assets of $741k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.