Priestley Society of the Venerable John Henry Cardinal Newman

Analysis

Priestley Society of the Venerable John Henry Cardinal Newman is a registered charity in United States, based in Pine Beach, NJ. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Priestley Society of the Venerable John Henry Cardinal Newman reported income of $169k and spending of $158k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $169k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Priestley Society of the Venerable John Henry Cardinal Newman sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 57th percentile within NJ. Charities of a similar size with the same main cause include Kingdom United Miracle Arena Inc ($169k), Wema Ventures ($169k) and Institute for Zen Leadership ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.