Harbor of Hope a NJ Nonprofit Corporation

Analysis

Harbor of Hope a NJ Nonprofit Corporation is a registered charity in United States, based in Flemington, NJ. It received its IRS tax-exemption ruling in April 2004, 22 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 December 2023, Harbor of Hope a NJ Nonprofit Corporation reported income of $80k and spending of $81k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $80k (-5.6%), an average of -5.6% a year. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Harbor of Hope a NJ Nonprofit Corporation 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 31st percentile, and in the 38th percentile within NJ. Charities of a similar size with the same main cause include Blueprint for Leadership Alabama ($80k), Leg Up Fund ($80k) and Ravenna Senior Center Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.9% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.