NJ Onnuri Community Church Corp

Analysis

NJ Onnuri Community Church Corp is a registered charity in United States, based in Fort Lee, NJ. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, NJ Onnuri Community Church Corp reported income of $5.2m and spending of $4.1m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $5.2m (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, NJ Onnuri Community Church Corp sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Ohr Chadash Congregation Inc ($5.2m), Priority One Schools Inc ($5.2m) and Repairers of the Breach Inc ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $794k. At year end it held assets of $12.0m against liabilities of $2.6m, net assets of $9.4m. It reported 16 employees.