Jersey Shore Community Center Project Inc

Analysis

Jersey Shore Community Center Project Inc is a registered charity in United States, based in Asbury Park, NJ. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jersey Shore Community Center Project Inc reported income of $79k and spending of $58k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $79k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jersey Shore Community Center Project Inc sits at the 30th percentile: it is larger than about 30% 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 Pet Pride of Alaska Incorporated ($79k), Little League Baseball Inc ($79k) and Wilkes Literacy Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $283k against liabilities of $210k, net assets of $73k.